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.

Strategies & Market Trends : Closed End Mutual Funds..HQH -- Ignore unavailable to you. Want to Upgrade?

To: Bonnie Bear who wrote (28)	7/16/1998 12:16:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 38

Bonnie; I just sold FUND not long ago, it turned out not to be as global as I thought it was, I visited the Royce home page, & they seemed to have shifted FUND to U.S. stocks and are doing the momogogo thing. The CEs in general haven't been going any where. I picked 23 of the best looking ones I could find on May 4th, and put them in a paper portfolio and as a group they are down 4.13% , but some TMA, CMO, RWT have all taken big hits, the gainers are few, and nothing to brag about. This is a depressed sector. On top of that many of them are doing well NAV wise..but nobody is buying the fund, the discount gets larger , but the stocks keep falling. Jim