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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (38177)	7/8/2010 12:06:26 PM
From: E_K_S	Read Replies (1) of 78495

Hi Paul - RE: Tortoise Power & Energy Infra:TPZ Here is an interesting site that provides the NAV for many different Funds. TPZ came up on the list as selling at about a 7% discount to the funds NAV (based on yesterday's closing price of $20.5/share). You want to look at the Premium/Discount calculation based on the prior day's closing price (top left of screen). cefconnect.com The site has a Fund sorter feature that allows you to rank their database of funds by different attributes. Here is the page using the sort by "NAV Discount". (Note: TTO comes up at the top of the list with a 43.96% Premium/Discount. Not too sure what this means but may signal further investigation.) cefconnect.com It seems when the spread is large, it always has been a good time to buy a few more shares. I like the monthly income generated from their portfolio (around 7.3%). Their management fee is reasonable at 0.6%. I do not know if there are any other hidden fees they charge but this funds seems like a good alternative to my MM fund that pays 0.25%. I have a GTC order to buy more shares at $20.50/share. Fund goes xdividend each month around the 20th. EKS

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