closed-end funds discount

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2.989 documents for closed-end funds discount

- Western Investment Demonstrates Efforts on Behalf of Shareholders Which Have Helped to Reduce the Discount to NAV in Certain Closed-End Funds.
- Business Wire
- June 07, 2007
- Discount days: closed-end funds look increasingly attractive.
- Black Enterprise
- Vol. 38 Nbr. 8, March 2008
- A Nav a Day Keeps the Inefficiency Away? Fund Trading Strategies Using Daily Values
Previous research documents the value of closed-end fund trading rules based on the size of the weekly discount. The growing number of closed-end funds that provide daily net asset value data provides an opportunity to test the profitability of short-term fund trading strategies. We find that short-term trading strategies that purchase fund shares after large negative discount changes are profitable, on average, even when transaction costs are incorporated. However, strategies that short sell fund shares after large positive discount changes do not produce an average profit. The limited amount of trading in closed-end funds may make it difficult to achieve short-term profits from discount fluctuations.
- Financial Services Review
- Vol. 14 Nbr. 3, October 2005

- Two Neuberger Berman Closed-End Funds Announce Continued Monitoring of Discount.
- Business Wire
- July 20, 2007
- Commentary: Some Funds Yielding Superior Returns
Closed-end municipal bond funds have experienced an unprecedented run since the beginning of the year. Through June 30, the average total return across all closed-end municipal bond funds exceeded 20 percent, and the funds' average discount to net asset value narrowed significantly from an average of -13 percent on Dec. 31, 2008 to -5 percent June 30.
- Daily Record (Rochester, NY)
- July 21, 2009
- Commentary: Money Management: Funds
Closed-end funds (CEFs) are a great way for investors to gain broad exposure to the equity and fixed-income markets. However, these funds are not as well known or as popular as their open-end mutual fund cousins. Let's take a brief look at how this investment vehicle may prove to be a significant positive addition to your portfolio. In a nutshell, closed-end funds issue a fixed number of shares that are traded in the open market at a price that the market places on them, generally at a premium or discount to net asset value (NAV). The shares issued by CEFs do not have redemption value and instead represent partial ownership of the fund.
- Daily Record (Rochester, NY)
- August 23, 2011
- GEQ Declares Initial Quarterly Dividend.
...Guggenheim Funds Investment Advisors, LLC ("Guggenheim Funds") serv..., and closed-end funds often trade at a discount to their net asset value. An investment in closed-...
- Business Wire
- November 11, 2011
- TYW Board of Trustees Announces In Principle Conversion to Open-End Mutual Fund and Responds to Western Tender Offer.
... solutions that would address the discount to net asset value at which the Fund's common shar...Guggenheim Funds Investment Advisors, LLC acts as the Investment Ad...
- Business Wire
- April 15, 2011
- DCS Announces Appointment of Guggenheim Partners Asset Management, LLC as Investment Sub-Adviser.
..., LLC ("GPAM"), an affiliate of Guggenheim Funds Investment Advisors, LLC ("GFIA"), the Fund's inve..., and closed-end funds often trade at a discount to their net asset value. Past performance is not ...
- Business Wire
- March 14, 2011
- SunAmerica Closed-End Funds Announce Estimated Sources of Dividend Distributions.
... of closed-end funds often trade at a discount to their net asset value, but may also trade at a ...
- Business Wire
- March 30, 2011