All posts tagged "net asset value"

  • David Winters - Wintergreen Fund
    David Winters, Value Investor Extraordinaire, Interviewed

    Consuelo Mack interviewed the manager of the Wintergreen Fund, David Winters, recently. Winters was mentored by Michael Price of the Mutual Series of funds. Winters said there has been a shift of emphasis by institutional and individual...

    • Posted October 11, 2012
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  • Portfolio Tweaking

    The SMA Portfolio featured here has a portion of the fixed income allocation invested in closed-end funds. Two of the funds, Putnam Premier Income Trust (PPT) and MFS Charter Income Trust (MCR), were trading at substantial discounts...

    • Posted February 17, 2010
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  • Closed-End Funds: The Allure and Pitfalls

    Stan Luxenberg,, has written an article entitled “Closed-End Funds Sell for Bargain Prices.” Luxenberg discusses how closed-end funds can swing wildly between premiums and discounts to Net Asset Value (NAV). He mentions a couple of funds...

    • Posted October 31, 2009
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  • Closed-End Fund Debacle

    The performance of closed-end funds has been hideous lately. In 30 years of watching the markets I’ve never seen such price destruction in this area. It is currently common to see many funds trading at discounts of...

    • Posted September 18, 2008
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  • Portfolio Update

    Last month Putnam made an offer to buy back a certain number of shares of the Putnam Premier Income Trust at net asset value (NAV). The shares held in the conservative portfolio were tendered to this offer....

    • Posted July 28, 2007
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