Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (62224)	6/13/1999 1:03:00 PM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

T, CEFs, when purchased intelligently, are great investment tools. However, the discount relationship to the market is not that cut and dried. Many go to steep premiums when their markets decline. The Thailand funds are the best examples right now, along with the Indonesian funds. And I remember CET and GAM at fairly hefty premiums in the not so distant past. Income funds tend to go to premiums based almost totally upon yield. Nothing sells like high yield. Unfortunately, the fund managers don't know how to deliver it, so the yields aren't all that high. <g>