RENN Fund, Inc. Logo

RENN Fund, Inc.

A closed-end fund using a value strategy to invest in undervalued assets for high returns.

RCG | US

Overview

Corporate Details

ISIN(s):
US7597201059
LEI:
Country:
United States of America
Address:
8080 N CENTRAL EXPRWY, 75206 DALLAS
Sector:
Mining and quarrying
Industry:
Extraction of natural gas

Description

RENN Fund, Inc. (ticker: RCG) is a non-diversified, closed-end management investment company that seeks to provide shareholders with above-market rates of return through capital appreciation and income. The Fund employs a classic value investing strategy, investing in a wide variety of financial instruments it believes are undervalued and possess the potential for high returns. Its portfolio may include common stocks, convertible and non-convertible debt, distressed securities, preferred stock, and exchange-traded products. The Fund's investment approach is rooted in fundamental analysis and bottom-up security selection, viewing investments as fractional ownership in the underlying companies' assets. Since July 2017, the Fund has been managed by Horizon Kinetics Asset Management LLC.

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Insider Transactions

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No insider transactions recorded for this company.

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