Ike, Barron's has them listed as of Thursday. I guess it takes a day to get info from Canada. <g> United is listed at -42.18%. That's pretty danged high. But the Canadians are not alone. India Fund, a well-managed fund, is at a 30% discount. Heck, the CEF I used to manage, Van Kampen Convertible Securities, is at a 22% discount. Just a point of bragging: this thing sold at a premium when I ran it. Of course, it sold at a premium for the 4 years before I ran it, too, but that is neither here nor there. <BG>
So, I guess I'm saying that a big discount does not mean that the portfolios are necessarily lousy. I think we may be setting up for another Burke CEF raid in the near future. As you know, I love paying 50-80 cents for a dollar. <g> |
