Founded 11/10/99. Any and all posts are welcome. The only Big Brother here is Yahoo! so keep it on the up and up. I look forward to all of your posts....
This form of investment predates the mutual form of portfolio investment by many years. Yet in many ways it has the potential for better performance than the...
In my opinion, the main disadvantage of the closed-end structure is the lack of economic discipline. Bad fund managers can go on for years extracting fees ...
As the first line of conversation at the new site I would like to pose the folowing question to any and all...<br><br>What effect, if any, will the advent of...
As someone who has followed your group, but was unable to get Sam to respond and therefore could not participate myself, I am glad to see a new venue to share ...
Most closed end funds share with almost all mutual funds the fact that the market value of their assets outside the firm is easily discoverable. CEFs differ...
Hi all. I've only been investing in CEFs for about six months, and I've got a question perhaps someone with more experience can help me with.<br><br>The ...
Seems like an auspiciuous time for this club to start. Discounts on bond funds are more inviting than they have been all year. An article in this weekend's ...
As with any partial tender offer, the market price reflects the knowledge that it exists. Otherwise, the logical conclusion would be that anyone selling to you...
IF everyone in the market is aware of the offers then they will be oversubscribed.<br> An Arithetic example:<br> If 20% of the stock tendered is exspected to...
starting in the fall of 97 end for good WEBS expansion? It certainly appears so to date. Talk of a Thai, Korean, SE Asian regional, additional Latin American ...
I enjoyed Asian WEBS from about 3/98-8/98. They behaved very well related to their NAV.<br><br>The only time I have ever done pure day trading; try to get a ...
Open for business less than a week...18 members, 72 visitors, nearly 1,000 page views yesterday. Again, if there are any links that you think would be helpful...
About your request for links, before Sept, ICEFi links page was updated lately, though there is to put it mildly, lots of garbage. Sam stopped cleaning house a...
Ron Olin had almost 40% of this fund. His compromise with the board was to get two board seats (not a majority) and that the fund would aggressively repurchase...
Does anybody here know what is going on with the <br>proposed mergers of the Blackrock 'term' muni closed end funds with some of Blackrock's perpetual closed...
After the founder added my photo Bull&Bear i tried to add an Excel-graph and succeeded! It shows the conclusion of a study about the performance of CEFs and...
Thanks for the response, and I see that I left out some information relevent to your points.<br><br>I get news from several sources about my investments. They...
Your conclusion that the tender offer will be oversubscribed is, I think, logical. I expect that.<br><br>But I'm not sure about your math. The fund will sell...
Any opinions about the growing discount on JOF? The dilution of 1 for 3 rights offering could raise the discount by about 5%, but why has JOF discount grown...
My example was simple and used a set of arithmetic I could do in my head.<br> I was assuming that the discouted value of expected future cash flows set supply...
How do you explain the discount on JOF in the context of an efficient market? The discount has averaged 0 for 1999, though the trend has been down. Since the...
I own 1 share of CSP and I got the tender offer document from my broker last Friday (even though I knew about it before). Brokers are supposed to try to inform...
1. All cefs bear the scarlet letter "A rights offering" which can be thought of as an imbedded put that can be exercised only by management. The threat of this...
You should use primary source whenever possible. Using Bulletin Boards for Information is less reliable, and even dangerous.<br><br>Go to FreeEdgar.com( Cut...
Having problems with message search?
Fill out this form to ensure your group is one of the first to be migrated to the new message search system.
