Bexil Corporation (BXLC)
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Bexil Investment Trust: A Deeply Discounted Fund Without An Escape Hatch
Bexil Investment Trust trades at a 38% discount to NAV, but structural issues limit value realization. The fund's portfolio is concentrated in publicly traded equities, with the top 10 holdings making up 60% of assets. Persistent discount reflects high expenses, illiquidity, and governance barriers that hinder activist intervention or NAV redemption.
BXSY: This Unique Fund Could Have A Lot To Offer
Bexil Investment Trust offers a 7.32% yield, higher than major equity and bond indices, and is well-suited for income-focused investors seeking inflation protection. The fund's unique portfolio, heavy in dividend-paying equities and gold miners, provides diversification and is positioned for a weakening U.S. dollar environment. Despite inconsistent distributions and underperformance over ten years, Bexil led its peers in five-year total returns and easily covered payouts with capital gains.
Bexil Investment Trust Announces Quarterly Distributions for Each Quarter of 2025
ROCHESTER, NY / ACCESSWIRE / December 12, 2024 / Bexil Investment Trust (OTC PINK:BXSY) (Net Asset Value Symbol: NASDAQ:XBXIX) (the "Fund"), a closed end fund with the primary investment objective of seeking high current income with capital appreciation as a secondary objective, announced today that it anticipates that its quarterly distribution amount will remain at $0.25 per share for each quarter of 2025. The following dates apply to the 2025 quarterly distributions: Declaration Date Record Date Payable Date 3/3/2025 3/17/2025 3/27/2025 6/2/2025 6/16/2025 6/27/2025 9/2/2025 9/16/2025 9/26/2025 12/1/2025 12/15/2025 12/26/2025 Shareholders should not draw any conclusions about the Fund's investment performance from the amount of its distributions or from the terms of the Fund's distribution policy.
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Bexil Corporation Profile
| Capital Markets Industry | Financials Sector | Thomas Bassett Winmill CEO | OTC PINK Exchange | 088577200 CUSIP |
| US Country | 5 Employees | 28 Feb 2011 Last Dividend | 30 May 2025 Last Split | - IPO Date |
Overview
Bexil Corporation is a diversified investment management enterprise based in the United States. With its foundation laid in 1996, the company has established its headquarters in Rochester, New York. Operating through its subsidiaries, Bexil Corporation has carved a niche for itself in the domain of investment management, focusing on leveraging unique strategies and insights to benefit its clientele. Over the years, it has committed to fostering financial growth for its investors, underscoring its dedication to excellence and innovation in the financial sector.
Products and Services
- Investment Management Services
Bexil Corporation provides comprehensive investment management services tailored to meet the diverse needs of its clients. This includes strategic asset allocation, portfolio management, and financial planning, aiming to maximize returns while managing risk. The firm leverages its extensive market experience and analytical capabilities to offer solutions that align with the financial objectives and risk tolerance of its investors.
