Dividend and Income Fund Announces Filing of Shelf Registration Statement

NEW YORK, NY–(Marketwired – Mar 31, 2015) – Dividend and Income Fund (NYSE: DNI) (NAV: XDNIX) (the “Fund”), today announced that it has filed a shelf registration statement with the U.S. Securities and Exchange Commission (the “SEC”). Upon effectiveness, the shelf registration will allow flexible access to capital. Additional capital would be raised when opportunities arise believed, over the long term, to have the potential to benefit the Fund and its shareholders.