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Technology Stocks : GGT - Gabelli Global Multimedia Trust

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To: Raybert who wrote ()2/2/1999 10:22:00 AM
From: Raybert  Read Replies (1) of 21
 
Okay, first topic for discussion. The Gabelli site shows the closing price for the fund as on Jan29'99 to be $13.76. I assume that this is the underlying value of the assets per share just like all the other funds. But.... the closed end fund was trading on the NYSE at about $12 on Jan29.

Have I just received a share of the basket at a 12% discount? What does this say about the fund and about investor confidence in the market in general?
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