Quote:
Originally Posted by _______
The underlying value of a CEF is it’s net asset value which is published daily. That number is simply the market value of all it’s holdings divided by the number of shares outstanding (the latter is a constant for a CEF). The market price on a CEF can often vary widely from the NAV.
I use this website:
http://cefdata.com/funds/dsl/
to monitor discounts/premiums. That link is going to return one of my bond funds but you can use the search function in the upper right corner to research any CEF. |
You must have a great deal of faith in "whom" assigns the net asset value, unless you believe it's totally non-human driven.
"Whom" gives you the market value of all it’s holdings.....Trust factor these figs are legit
"Whom" gives you the number of shares outstanding......Trust factor these figs are accurate
