Bluerock High Income Institutional Credit Fund announced a total annualized distribution rate of approximately 14.4%, for the third quarter 2024, comprised of the regular 11% annual distribution rate plus a supplemental distribution of 3.4% annualized, payable to shareholders of record.

The John Hancock closed-end funds listed below declared their monthly distributions today as follows...

XAI Octagon Floating Rate & Alternative Income Trust has declared its regular monthly distribution of $0.085 per share on the Trust’s common shares to common shareholders of record as of June 17, 2024.

Joshua Ungerecht, a managing partner at ExchangeRight, shared that the Essential Income REIT’s consistently strong tax-equivalent yields have made it an attractive offering for retired investors looking for tax-advantaged income.

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Cantor Fitzgerald Infrastructure Fund (the “Fund”) announced a fourth-quarter distribution of $0.0753 per Class A share (NASDAQ: CAFIX), $0.0748 per Class C share (NASDAQ: CFCIX) and $0.0753 per Class I share (NASDAQ: CFIIX) representing a 3.00% annualized distribution rate, its fifth consecutive quarterly distribution and fifth consecutive increase.

The increase in the distribution rate reflects increasing income on CIM RACR’s floating rate real estate and credit investments and the expectation of improving net operating income on its real estate equity investments from recent strong leasing activity.

The Fund’s investment objective is to maximize total return, with an emphasis on current income, while seeking to invest in issuers that are helping to address certain United Nations Sustainable Goals through their products and services.

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