CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Dividend and Income Fund (DNI)

U.S. Equity Funds - General Equity Funds

Data as of Oct. 15, 2019
Current
Market Price $11.74 (+ $0.11)
NAV (Oct. 15, 2019) $15.05 (+ $0.16)
Premium / Discount -21.99% (-0.10%)
Fund Info
Inception June 29, 1998
Sponsor Bexil Advisers
Website www.dividendandincomef...
Phone 1-800-937-5449
NAV Symbol XDNIX
Objective: High total return; income generating equity securities, other equity related securities and fixed income securities
Related Indexes
Tax-Advantaged Equity Dividend Index
Capital & Leverage
Outstanding Shares 12,424,467
Total Assets (Reported: June 30, 2019) $201M
Estimated Total Assets $203M
Net Assets $187M
Market Cap $146M
Purchases Turnover 51.86%
Sales Turnover 77.21%
Total Leverage 7.75%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.12%
Non Lev Exp Ratio 1.52%
Rel Lev Cost 7.19%
Discount Data
Average Discount (3 Yr) -20.32%
Discount Low(3 Yr) -26.71%
Discount High(3 Yr) -11.13%
Discount Rel Range 30.28%
Comp Discount -12.16
Discount St Dev (1Yr) 1.31
Z-Stat
Z-Stat (6mo) 0.46
Z-Stat (1Yr) 0.82
Z-Stat (3Yr) -0.61
Comp Z-Stat (6mo) 0.02
Comp Z-Stat (3Yr) -0.98
Distribution Data
Market Yield 6.81%
Income Yield 1.64%
Lev Adj NAV Yield 4.93%
Distribution Frequency Q
Current Distribution $0.200
Current Income $0.048
Ex-Date 9/16/19
Payable Date 9/30/19
Div Growth (3yr) -20.00%
Dividend Change 33.3% on 9/4/18
Expected Div 12/2/19
RoC (1yr) 51.95%
RoC (3yr) 38.00%
Tax Dividend Data 2018 2016 - 2018
Income 15.9% 34.4%
ST Gains 0% 0%
QDI 15.9% 32.5%
LT Gains 66.5% 27.1%
RoC 17.6% 38.6%
Volume & Liquidity
Average Daily $ (M) $353
Avg Volume 30 day 32,485
Avg Volume 90 day 30,062
Volume Trend 8.06%
Comp Volume Trend 12.65%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
88.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
86.0%
Price Correlation (1yr)
vs. CEFA's US Equity Index
88.0%
Most Correlated Peer (Mk Pr): RVT 93.0%
NAV - Price Correlation (30 d) 77.6%
NAV - Price Correlation (90 d) 83.1%
NAV - Price Correlation (1 Yr) 95.0%
Price St Dev (1Yr) 17.3%
NAV St Dev (1Yr) 19.3%
Earnings
Earnings / Share (6/30/19) $0.041
Earn Coverage 20.35%
Earnings Trend Up
UNII / Share (6/30/19) $0.084
Rel UNII 43.65
UNII Trend Up
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
1.06
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.80
NAV Beta (2yr)
vs. CEFA's US Equity Index
1.04

DISCLOSURES:

CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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