News - The Pennsylvania Avenue Funds A mutual fund for alternative investment strategies: merger arbitrage, distressed securities, capital structure arbitrage and proxy fights en-usCopyright 2008 News - The Pennsylvania Avenue Funds 60 Year-End Dividend Payment The following distribution was paid on 12/31/2007 to holders of record on 12/28/2007:<br> $0.1625 Dividend <br> $0.1761 Long Term Capital Gain <br> $0.4272 Short Term Capital Gain <br> Investors who elected reinvestment of dividends received the post-distribution NAV of $12.43. Thursday, January 3, 2008 @ 10:42 am The Pennsylvania Avenue Funds Online Account Access You can now <a>access your account online</a> if you hold your investment directly with the fund. If you hold your investment in a brokerage account, please contact your account representative. Wednesday, August 22, 2007 The Pennsylvan