Dividend And Income Fund Inc (DNI) : Blue Bell Private Wealth Management scooped up 70,827 additional shares in Dividend And Income Fund Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 12, 2016. The investment management firm now holds a total of 353,914 shares of Dividend And Income Fund Inc which is valued at $3,928,445.Dividend And Income Fund Inc makes up approximately 2.65% of Blue Bell Private Wealth Management’s portfolio.
Other Hedge Funds, Including , Creative Planning added DNI to its portfolio by purchasing 870 company shares during the most recent quarter which is valued at $9,466.
Dividend and Income Fund (the Fund) is a non-diversified closed end management investment company. The Fund’s primary investment objective is to seek high current income. Its secondary objective is Capital appreciation. The Fund’s portfolio included over 100 securities. It invests in aircraft engines and engine parts; commercial banks; farm machinery and equipment; hotels and motels and pharmaceutical preparations among others. The Fund seeks investment objective by investing normally at least 50% of its total assets in income generating equity securities. These securities may include dividend paying common stocks convertible securities securities of registered investment companies exchange traded funds or otherwise real estate investment trusts depositary receipts and other equity related securities. The Fund may invest in below investment grade fixed income securities and in shares of other investment companies. The Fund’s Investment Manager is Bexil Advisers LLC.