HIGH VALUE, LONG-TERM, CLOSED-END BARGAINS by LARRY
One way to keep risks moderate but profit from drops in equity prices is to buy shares of closed-end funds (mutual funds whose share prices, like those of stocks, are set by the market) when they are selling at a significant discount to their holdings' net asset values and/or when they are sporting unusually high but reasonably stable dividends. The following five assets should be researched carefully by the individual investor before pruchase but appear to offer excellent long-term potential.
Asset
Hancock Patriot Div.
Japan Equity
Royce Value Tr.
Spain Fund
Tri-Continental
Symbol
PDF
JEQ
RVT
SNF
TY
Recent Price
$9.23
$6.18
$16.14
$9.25
$21.86
Premium (+) vs. Discount (-)
-10%
-12%
-11%
+7%
-11%
Safety Rank
Above Average
Average
Average
Average
Above Average
Projected Dividend
7%
0%
0.9%
13.5%
1.4%
3-5 Yr. Potential Appreciation
30-75%
60-145%
25-85%
225-385%
130-195%
DISCLAIMER
Larry is not a professional. Don't take him seriously!
Actually, the investment article provided here is for general information only and should not be considered as professional advice, a solicitation to buy or sell any security, or the Word of God. Investors are encouraged to do their own research while considering their personal goals and circumstances, or consult their own professional financial advisors, before making investment decisions. Neither Larry nor LARVALBUG will be liable for any losses sustained by any visitor to this site.
