First, the shares of closed -
end funds frequently trade at a premium or discount relative to their net asset value.
Not exact matches
To that
end, developing and
frequently updating a strategic business plan that clearly identifies where you aim to take the business — as well as key milestones along the way — will help determine the most effective approach to
funding growth.
But just as
frequently, when our Finance Advisors talk to our customers about their situations, they report many Innovative
Funding Services (IFS) customers are also confused about how they
end up owing more than their car is worth.
Closed -
end fund shares may
frequently trade at a discount or premium to their net asset value.
Closed -
End Funds (CEFs), which do trade at significant discount / premium to NAV, are
frequently confused with Exchange - Traded
Funds (ETFs).
Closed -
end fund shares
frequently trade at a discount to the
fund's net asset value per share.
This line of reasoning has also been confirmed in several studies (e.g., Jeffrey Pontiff [5]-RRB-, of closed -
end funds which trade like stocks, but have a precise valuation that is reported
frequently.
The shares of many closed -
end funds, after their initial public offering,
frequently trade at a price per share, which is less than the net asset value per share, the difference representing the «market discount» of such shares.
For all
funds, if there is a capital gain, the distribution is declared and paid annually at year -
end or more
frequently, if necessary.
I have just wasted two days commenting on Guardian environment, trying to get George to explain why it is ok for him to base his dire predictions of «the
end of life as we know it» on research financed by Exxon, while we common mortals are
frequently criticised for quoting sources
funded by the same Exxon.