Business & Finance
Business and Finance
Business and Finance
Thu, February 10, 2011
Chartwell Dividend and Income Fund Changes Name and Other Information
NEW YORK, NY--(Marketwire - February 10, 2011) - Chartwell Dividend and Income Fund, Inc. (
| Former | New | ||
| Name | Chartwell Dividend and Income Fund, Inc. | Dividend and Income Fund, Inc. | |
| Ticker Symbol | CWF | DNI | |
| CUSIP | 16139P104 | 25538A105 | |
| Website | [ www.chartwellip.com/cwf.html ] | [ www.DividendandIncomeFund.com ] |
The Fund is a closed end diversified investment management company whose primary investment objective is to seek high current income by investing, under normal circumstances, at least 50% of its total assets in income-generating equity securities, including dividend paying common stocks, convertible securities, preferred stocks, and other equity-related securities. In addition, the Fund may invest in non-convertible debt securities, consisting primarily of corporate bonds. Bexil Advisers LLC is the Fund's investment manager.
About Bexil
Bexil Advisers LLC is a wholly owned subsidiary of Bexil Corporation (
Safe Harbor Note
This release contains certain "forward looking statements" made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Fund and Bexil Corporation, which may cause the company's actual results to be materially different from those expressed or implied by such statements. The forward looking statements made herein are only made as of the date of this release, and the company undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances.
