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Investment Co. (domestic) industry

Article Abstract:

The stock market's continual rise during 1996 has made domestic investment companies good buys, especially those that are closed-end funds. Closed-end funds bought at a discount (below net asset value) are good investments, and are frequently overlooked by investors. Many older closed-end funds can be purchased at big discounts, which have not decreased much, despite the rise of the stock market.

Author: Tepper, Norman
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
Mutual funds

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Investment co. (domestic) industry

Article Abstract:

Domestic closed-end equity funds sell at wide discounts because few investors ever consider them. Few investors are aware of what they are because these funds are not heavily marketed and brokers do not care about them. Brokers make more money selling their own in-house open-end funds. Closed-end equity funds also behave differently.

Author: Tepper, Norman
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996

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Subjects list: Economic aspects, Finance, Investment companies, ASA Ltd., ASA, Petroleum and Resources Corp., PEO, Adams Express Co., ADX, Gabelli Equity Trust Inc., General American Investors Company Inc., Liberty ALL-STAR Equity Fund, Salomon Brothers Fund Inc., Tri-Continental Corp., TY, H and Q Healthcare Investors, Morgan Grenfell Smallcap Fund Inc., Royce Value Fund, MGC, RVT, USA
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