Top 5 CEFs With the Lowest Price to NAV Percentage Change YTD
Wednesday, September 1st, 2010Joe Eqcome submits:
While a closed-end fund’s (CEF) share price is subject to the vagaries of the stock market, the change in a CEF’s NAV per share is more a function of the skills of its investment manager.
Exploiting Inefficiencies: Exploiting inefficiencies is one means an investor can employ to generate “alpha”, i.e. superior returns. The following is a list of 5 CEFs that generated the most attractive (lowest) percentage change difference between the price and its NAV per share year-to-date (YTD). This means the percentage change in price lagged its NAV. (see highlighted “green” section below)
