The Fund commenced operations on June 9, 1998 and made its initial public offering on June 24, 1998 as Chartwell Dividend and Income Fund, Inc., with a ticker symbol of CWF. On February 1, 2011, the Fund changed its name to Dividend and Income Fund, Inc. and its ticker to DNI. On May 14, 2012, the Fund reorganized into a newly formed Delaware statutory trust named Dividend and Income Fund. As of the start of trading on December 10, 2012, the Fund implemented a 1-for-4 reverse split of its issued and outstanding common shares of beneficial interest, which retained their ticker symbol of DNI, but were assigned the new CUSIP number of 25538A204, effective December 10, 2012.
The Investment Manager, Bexil Advisers LLC, is a subsidiary of Bexil Corporation, whose affiliates are engaged through subsidiaries in stock market and gold investing through its investment management of equity and gold mutual funds.
Thomas Winmill is the portfolio manager of Dividend and Income Fund. Mr. Winmill currently serves as President, Chief Executive Officer, and a Trustee of the Fund and President, Chief Executive Officer, and General Counsel of the Investment Manager. He is also Chairman of the the Investment Manager's Investment Policy Committee, which provided the daily portfolio management of the Fund from February 1, 2011 through February 28, 2014.
This web site, including the financial statements included herein, is provided to the shareholders of the Fund for their information. The financial information included herein is taken from the records of the Fund. This is not a prospectus, circular or representation intended for use in the purchase of shares of the Fund or any securities mentioned in this web site.