UPDATE (Oct 2026): In March 2026, following a strategic review, Bellevue Healthcare was renamed CT Healthcare (CTHT) after its investment mandate was awarded to Columbia Threadneedle, which subscribed for $25m of shares in the trust. 41% of the trust's shares were repurchased in a tender offer that accompanied the management firm change. CTHT now uses a long/short strategy, while tender offers each quarter for up to 15% of its shares have replaced its annual redemption facility -- the first offer in June 2026 saw 17.6% of shares tendered, and the second in September 2026 saw 8.4%. Under the ne...