Closed End Funds: A Follow-Up

Previously in Transcendental Generalization:

The expert noted that several funds exhibit a pattern of trading at a significant discount in December, and at a premium in January.

I thought it would be worth following up on those same funds. All of them are up from December 30th, 2005 to January 30th, 2006. I’ve noted absolute and annualized gains. (I prefer annualized numbers for proper comparison of long-term investments, but for short-term investments like these, annualized numbers exaggerate performance.)

Clearly these are worth revisiting at the end of this year!

Tags: Finance

Updated at: 1 February 2006 12:02 AM