NEW YORK, NY / ACCESSWIRE / February 22, 2017 / Foxby Corp. (OTC PINK: FXBY) announced today that it has entered into an agreement with NASDAQ to distribute the Fund's net asset value (NAV) daily to the market data community under the MFQS symbol "XFXBX." Effective on or about the same date, Thomson Reuters is not expected to continue distributing the Fund's NAV information.
About the Fund
The Fund is a closed end fund seeking total return. The Fund may invest in equity and fixed income securities of both new and seasoned U.S. and foreign issuers, including securities convertible into common stock and debt securities, closed end funds, and mutual funds. The Fund uses a flexible strategy in the selection of securities and is not limited by the issuer's location, industry, or market capitalization. The Fund may employ aggressive and speculative investment techniques, such as selling securities short, employing futures and options, derivatives, and borrowing money for investment purposes, an approach known as "leverage." A potential benefit of its closed end structure, the Fund may invest without limit in illiquid investments, such as private placements and private companies. The Fund may also invest defensively in high grade money market instruments.
Cautionary Note Regarding Forward-Looking Statements
This release contains certain "forward-looking statements" as defined under the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will," and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to materially differ from the Fund's historical experience and its current expectations or projections indicated in any forward-looking statements. These risks include, but are not limited to, equity securities risk, corporate bonds risk, credit risk, interest rate risk, leverage and borrowing risk, additional risks of certain securities in which the Fund invests, market discount from net asset value, management risk, and other risks discussed in the Fund's filings with the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Fund undertakes no obligation to update or revise any forward looking statements made herein. There is no assurance that the Fund's investment objective will be attained.
SOURCE: Foxby Corp.