I'd also add ADF to yout list - it's discount is even further from its mean than GIFD and HYP - but let's be caustious Most bonds funds are at higher than...
Eaton Vance Insured Florida Municipal Bond Fund (AMEX: EIF) shares rose marginally this week after the board recently announced its intentions to merger EIF...
Ameriprise may need a majority vote from the shareholders of TY authorizing the change in manager. In some cases in the past few years "activist" shareholders...
Seligson will probably be forced to do something good for shareholders of TY to get approval of the transaction. I do not know of any promise so far. In...
... shareholders of ... so far. ... *** I doubt it. TY shareholders are mostly brain dead. Most are not aware of the discount or think it is a good thing....
How much luck has Goldstein had pressuring outfits with the clout of Morgan Stanley? It sounds like an interesting situation, especially if we skate past the...
Merryl Lynch was force to open up Europe Fund before the credit crisis. Seligman managed to preserve its poorly performing TY against many seeking to open it....
Karpus was the activist in the EF (ml Europe) fund. ML decided to open end because they realized they could not get the 50% vote needed to transfer the ...
MXF is getting SEC approval for regular dividends. I beleive this is why its discount just moved to 11% after being mostly 14-16% for a year or so. I just...
The regular dividends are expected to be larger than the once a year dividends. The best dividend from a discount CEF would be 100% of NAV That said some CEFs...
Monthly dividends allow monthly reinvestments--akin to compounding of interest. Or if cash is taken, it builds funds for some other investment sooner. david...
So if divs are so good, should a perrson hop from CEF to CEF to collect dividends, (Given of course, that one considers the cost of bid-ask spreads from...
... year ... NAV ... is ... a ... versus ... So the only way regular dividends can be larger than once a year is if they include ROC.?? In fact they should be...
There was an erroneous report earlier this year that Karpus had sold its position in IMF. Institutional holdings of IMF are over 40% High for a CEF....
If one assumes a 50% proration on the first tender and 15% on the second then one receives 60% of TY at close to NAV. A current discount of 5% that means that...
I am interested in an investment in Turkey. By comparing the performance of the CEF TKF with the Turkey ETF TUR I discovered a signifikant underperformance of...
So now that PDT has announced the tender does anyon have a proration estimate? My guss is that with a 16% discount 70% will tender and giv an 8% or so...
That is in the range of similar responses to similar tenders at GCS and IMF Levis Kochin --- In closedendfunds2@yahoogroups.com, "peter" ... proration...
The $25 charge should lower tenders some. But a 70% acceptance rate gives a 7% proration. So I go with the 8% in spite of your faulty arithmetic. In...
I wonder if it's fear that the converrsion to an ETF won't go thru tomorrow, or the fear that RYJ as an ETF might trade at a slight discount, that's keeping...
A few points on this. 1. The conversion was not scheduled for 8/28 but for 9/2 so there were a couple of cef trading days left when it closed @ 1.5% disc. 2....
Is their any explanation for such a serious ... Cefs have very poor liquidity and any trading activity is likely to impact the p/d relationship substantially....
