Focus on Value: By targeting high - yielding
securities at significant discounts to their intrinsic values, we attempt to generate capital appreciation on top of high current income.
Buying
securities at a significant discount to intrinsic value (e.g., 25 %) creates a margin of safety which can protect against mistakes.
Not exact matches
As I was looking around the investing universe for possible underpriced
securities over the past couple of months I happened upon a number of closed - end funds trading
at significant discounts to net asset value (NAV).