HFA Icon

Investing Santa: Giving away a half-dozen closed-end funds below NAV

HFA Padded
Guest Post
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Theodor Tonca - Chairman & CEO at Graham Theodor & Co. Ltd.

They say tis' the season for giving right? Well, let me do my part in the best way i know how...by giving some investment bargains to one and all, young and old alike.

Whenever anyone asks: "If you could go back and change one thing from when you first started investing, what would it be?" I always reply by saying that i would have purchased more closed-end funds below their net asset value or similar 'low-hanging fruit'. Here is an attempt to right some of my wrongs:

- Zweig Fund (NYSE: ZF): NAV: $14.75 per share. Market price: $13.30 per share (10.8% discount as of 12.23.15). 0.80% annual dividend yield.

- Royce...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

If you are interested in contributing to Hedge Fund Alpha on a regular or one time basis read this post