NEW YORK - (Business Wire) Standard & Poor
’s announced today that it has commenced Factual Stock Report coverage on RMR Dividend Capture Fund.
RMR Dividend Capture Fund (ASE:RCR) is a non-diversified, closed-end management investment company whose primary investment objective is to provide high current dividend income to its common shareholders. Capital appreciation is the fund's secondary investment objective. The fund will attempt to achieve its objectives by investing primarily in publicly traded, dividend paying, equity securities.
Generally, in normal market conditions, the fund expects that at least 80% of its managed assets, as defined, will be invested in the common securities of domestic real estate investment trusts, or REITs, and closed-end management investment companies, or Portfolio Funds, that pay regular dividends. The fund will employ a dividend capture investment strategy and, accordingly, at different times it may invest a large majority of its managed assets in the common securities of either REITs or Portfolio Funds.
The fund expects to focus on Portfolio Funds which earn and pay high dividends by investing in fixed and floating rate income securities, preferred stock and domestic and international equity securities, real estate companies and funds which use income strategies such as covered call options writing.
This report will also be accessible on an ongoing basis to the investment community -- scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts.
About Standard & Poor's Factual Stock Reports
This Standard & Poor’s service provides factual research coverage enabling information about RMR Dividend Capture Fund and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company’s fundamentals and business prospects. Currently profiling over 1,000 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks.
Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor’s. Standard & Poor’s Factual Report research has no access to non-public information received by other units of Standard & Poor’s. Standard & Poor’s does not trade on its own account.
Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P’s STARS research) are eligible to obtain this coverage.
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RMR Dividend Capture Fund
Timothy Bonang, 617-796-8149
tbonang@reitmr.com
or
Standard & Poor's
Customer Contact:
Richard Albanese, 212-438-3647
richard_albanese@standardandpoors.com
or
Media Relations:
Michael Privitera, 212-438-6679
michael_privitera@standardandpoors.com
