The idea here: look for unpopular funds trading at a discount to their net asset value.
But with interest rates falling, General Growth has posted remarkable earnings and net asset value growth.
It sells at a 21% premium to Green Street's estimate of net asset value.
Debt for industrials tends to be below half of net asset value, a comfortably low level.
With the cash, the holding company has reduced its debt and enhanced its net asset value.
All else being equal, stick with closed-end funds selling at discounts to net asset value.
The net asset value for each of Watt's funds declined between 25% and 51%.
It trades at a 5% discount to net asset value and has a 1% expense ratio.
So shares in close-ended funds may trade above or (more often) below net asset value.
Corl is confident the stock is at a 30% discount to net asset value.
This should, in theory, prevent discounts or premiums to the fund's net asset value.
Large price discounts and premiums to net asset value (NAV) tend to occur when we are trading.
Of course, managers could always buy back their shares given the growing discount to net asset value.
Net asset value (NAV) is the worth of the basket of assets the fund is designed to track.
Our second portfolio contains closed-end funds that are trading at the steepest discounts to their net asset value.
The fund currently trades at an approximate 20% discount to the underlying net asset value of its portfolio.
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The portfolio currently trades at a 10.5% discount to the underlying net asset value of its portfolio holdings.
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By contrast, with a traditional index mutual fund, "you're always buying at the net asset value, " Mr. Goldie notes.
One is to invest in closed-end funds that trade at the highest absolute discount from their net asset value.
The net asset value for Watt's funds each declined between 25% and 41%.
Keith Li of Worldsec International says net asset value is nearly 32 cents.
He looks for shares trading at discounts to what their underlying property is worth, that is, the net asset value.
Closed-end junk funds, meanwhile, have gotten doubly attractive as yields have risen along with the discount to net asset value.
Another closed-end fund, it trades at a 13% discount to net asset value and has an expense ratio of 1.7%.
As a result of some unfortunate decisions, his Fidelity fund is now trading about 4% below its net asset value.
Conversus shares have fallen 67% since June 30 and are trading at a 62% discount to the net asset value.
The elimination of the dividend in 2008 caused shares to plummet and they have remained below net asset value since then.
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In the last quarter, Alliance grew its net asset value (NAV) by 3.3% and delivered a total return of 5.7% for shareholders.
The company said its Net Asset Value (NAV) had increased 12% in 2012 and by even more since the beginning of 2013.
In the hopper are suggestions around floating net asset value, like other mutual funds, or adding in capital buffers and redemption controls.
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