Ordinary income of between $0.02 and $0.03 per share
No capital gain distribution
This is a preliminary estimate. A precise estimate of the amount of the
distribution is not possible because the dollar amounts of income to be
distributed will change between now and the ex-date and cannot be
determined in advance.
The distribution will be reinvested or paid out in cash, according to the
instructions associated with each shareholder's account.
The non-fundamental investment objective of Foxby Corp. is total return
which it may seek from growth of capital and from income in any security
type and in any industry sector. The Fund is managed by CEF Advisers, Inc.,
a subsidiary of Winmill & Co.
Incorporated, which is engaged through subsidiaries in stock market and
gold investing
through its investment management of equity and gold mutual
funds, and closed end funds. More information about the Fund may be
obtained at www.foxbycorp.com.
CUSIP 351645106
Contact Information: Contact: Thomas O'Malley E-mail: 1-212-344-6310, ext. 267