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Bexil Investment Trust trades at a 38% discount to NAV, but structural issues limit value realization. The fund's portfolio is concentrated in publicly traded equities, with the top 10 holdings making up 60% of assets. Persistent discount reflects high expenses, illiquidity, and governance barriers that hinder activist intervention or NAV redemption.
WALPOLE, NH / ACCESS Newswire / April 22, 2026 / Bexil Corporation (OTCID:BXLC) ("Bexil" or the "Company") today announced that it invites its stockholders to tender for $53.25 per share of the Company's common stock up to an aggregate of 40,000 shares. Stockholders may participate in the offer by tendering any or all of their shares, subject to the proration provisions and other limitations of the offer, as described in the offer to purchase.
Bexil Investment Trust offers a 7.32% yield, higher than major equity and bond indices, and is well-suited for income-focused investors seeking inflation protection. The fund's unique portfolio, heavy in dividend-paying equities and gold miners, provides diversification and is positioned for a weakening U.S. dollar environment. Despite inconsistent distributions and underperformance over ten years, Bexil led its peers in five-year total returns and easily covered payouts with capital gains.
Notification of Sources of Distribution Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 ROCHESTER, NY / ACCESS Newswire / March 3, 2025 / A quarterly distribution of $0.25 per share was declared today by Bexil Investment Trust (OTC PINK:BXSY) (Net Asset Value Symbol: NASDAQ:XBXIX) (the "Fund"), payable March 27, 2025 to shareholders of record as of March 17, 2025 (ex-dividend date: March 17, 2025). Under U.S. tax rules applicable to the Fund, the amount and character of distributable income for each tax year can be finally determined only as of the end of the Fund's tax year.
ROCHESTER, NY / ACCESSWIRE / December 12, 2024 / Bexil Investment Trust (OTC PINK:BXSY) (Net Asset Value Symbol: NASDAQ:XBXIX) (the "Fund"), a closed end fund with the primary investment objective of seeking high current income with capital appreciation as a secondary objective, announced today that it anticipates that its quarterly distribution amount will remain at $0.25 per share for each quarter of 2025. The following dates apply to the 2025 quarterly distributions: Declaration Date Record Date Payable Date 3/3/2025 3/17/2025 3/27/2025 6/2/2025 6/16/2025 6/27/2025 9/2/2025 9/16/2025 9/26/2025 12/1/2025 12/15/2025 12/26/2025 Shareholders should not draw any conclusions about the Fund's investment performance from the amount of its distributions or from the terms of the Fund's distribution policy.
Notification of Sources of Distribution Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 ROCHESTER, NY / ACCESSWIRE / September 3, 2024 / A quarterly distribution of $0.25 per share was declared today by Bexil Investment Trust (OTC PINK:BXSY) (Net Asset Value Symbol: XBXIX) (the "Fund"), payable September 27, 2024 to shareholders of record as of September 17, 2024 (ex-dividend date: September 17, 2024). Under U.S. tax rules applicable to the Fund, the amount and character of distributable income for each tax year can be finally determined only as of the end of the Fund's tax year.
ROCHESTER, NY / ACCESSWIRE / March 28, 2024 / Bexil Corporation (OTC PINK:BXLC) ("Bexil" or the "Company") today announced that it invites its shareholders to tender up to an aggregate of 100,000 shares of the Company's common stock in a modified Dutch auction for a cash purchase price of not greater than $38.00 nor less than $35.00 per share. Shareholders may participate in the offer by tendering any or all of their shares, subject to the proration provisions and other limitations of the offer, as described in the offer to purchase.
MILLBROOK, NY / ACCESSWIRE / August 20, 2021 / Bexil Corporation (OTC PINK:BXLC) ("Bexil" or the "Company") today announced that pursuant to the direction of its Board of Directors it has submitted an application to subscribe to the OTC Disclosure and News Service and intends to qualify its common stock for the OTC Pink Current Information Tier in connection with, among other things, maintaining eligibility for public quotations in the OTC market pursuant to Exchange Act Rule 15c2-11. There is no assurance as to when or if the application to the OTC Disclosure and News Service will be accepted, that the Company will be eligible for public quotations pursuant to Rule 15c2-11 or any other applicable regulation, or that, if accepted, the Company will continue to maintain the OTC Disclosure and News Service and/or Pink Current Information Tier.
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