Equity CEFs: Go Big Or Go Home [Seeking Alpha]
General American Investors, Inc. (GAM)
US:NYSE Investor Relations:
generalamericaninvestors.com/additional-info
Company Research
Source: Seeking Alpha
Equity CEFs: Go Big Or Go Home Summary Either many big cap equity CEFs are cheap or many small cap equity CEFs are dramatically overpriced. Maybe this is what happens during euphoric times in the market when its assumed the most aggressive funds or stocks should attain the highest valuations. But in CEFs, the size of the fund doesn't mean its more conservative or can't have outperforming portfolios as represented by their NAV performances. Because at all-time market highs, many big cap CEFs are seeing year low valuations as represented by their discounts while some small cap CEFs are at ridiculous premiums. What's going on? Blame it on institutional investors who are more likely to own large cap CEFs. What are they seeing and why do smaller cap CEFs keep going up? I've noticed a profound and growing difference in the market price performances (not necessarily NAV performances) between the largest cap equity CEFs and the smallest cap equity CEFs. Here I'm describing large cap CEFs as
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News
- General American Investors Company Actions Taken by the Board of Directors [Yahoo! Finance]Yahoo! Finance
- General American Investors Company Actions Taken by the Board of DirectorsBusiness Wire
- GAM: Moving To Hold After The Run-Up (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- The 3 Best Big Closed-End Funds Of 2024 [Forbes]Forbes
GAM
Sec Filings
- 11/14/24 - Form SCHEDULE
- 11/6/24 - Form SC
- 10/31/24 - Form NPORT-P
- GAM's page on the SEC website