Renn Fund, Inc. Reports Earnings Results for the Half Year Ended June 30, 2019
September 06, 2019 at 04:43 pm
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RENN Fund, Inc. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced total revenue was USD 65,726 compared to USD 0 a year ago. Net income was USD 596,415 compared to USD 0 a year ago.
RENN Fund, Inc. (the Fund) is a registered, non-diversified, closed-end management investment company. The investment objective of the Fund is to provide shareholders with above-market rates of return through capital appreciation and income by investment process that invests in a variety of financial instruments, including common stocks, fixed income and other instruments. In addition, the Fund may sell short stocks, exchange traded funds and exchange traded notes. It invests in various sectors, including aerospace and defense; communication services; marine shipping; metal mining; medicinal chemicals and botanical products; oil and gas; other financial investment activities; real estate; securities and commodity exchanges; technology services; surgical and medical instruments and apparatus, and securities, commodity contracts and other financial investments and related activities. Horizon Kinetics Asset Management LLC is the investment advisor of the Fund.
RENN FUND, INC. 
