- CEO
- Thomas Francis O'Malley
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3814 Route 44 Rochester NY United States of America 12545
- IPO Date
- Oct 26, 1999
- Business
- Foxby Corp. operates as a non-diversified, closed-end management investment company focused on delivering total return through capital growth and income from a diversified portfolio of securities. The company invests in equity and fixed-income securities, convertible securities, debt instruments, closed-end funds, and mutual funds from both new and established U.S. and international issuers without restrictions on industry, market capitalization, or geographic location. It employs flexible investment strategies including short selling, leverage, and a defensive posture investing in short-term, high-quality securities and money market instruments. Foxby Corp. is part of a fund complex that includes Midas Discovery, Midas Special Opportunities, and Bexil Investment Trust and operates primarily in the investment management industry with a focus on U.S. and global markets.
Founded in 1984 and headquartered in Baltimore, Maryland, Foxby Corp. has recently focused on maintaining diversified investment portfolios and managing distributions to shareholders. In the last two years, the company declared a 2024 distribution entirely from net investment income and continued to release regular updates on top holdings and portfolio status, emphasizing transparent investor communications. The company has not reported significant acquisitions, partnerships, or major changes to its core business model in 2024-2025, but it continues to apply a flexible and opportunistic investment approach within evolving market conditions.
The firm targets a broad range of investors seeking total return through a combination of capital appreciation and dividend income. Its geographic reach spans both domestic U.S. markets and international securities. While it mainly operates as a closed-end fund focused on securities investment, its portfolio composition includes various financial instruments aimed at balancing growth and income tailored to market opportunities and risk management.
Foxby Corp. remains committed to maximizing shareholder value through active portfolio management, diverse security allocation, and strategic financial tactics such as leveraging and short selling when suitable to market dynamics. The company does not manufacture or sell physical products but offers investment management services via its fund structure, emphasizing total return strategies across multiple asset classes.
Overall, Foxby Corp. is a seasoned investment fund management company headquartered in Baltimore, Maryland, that offers a broad portfolio of equity and fixed-income securities, convertible and debt instruments, and related investment products targeting total return through a global and flexible investment mandate, with ongoing focus on portfolio performance and shareholder distributions as its latest strategic emphasis.