Adams Express: A Cheap Closed-End Fund [View article]
In looking deeper at the situatin I discovered I had not included a few small divis in the calculation of the total NAV return for ADX. Turns out the 5 year compound NAV return is 7.07% when those corrections were made. Still short of the S & P 500 index and even the SPY's performance but somewhat better nonetheless.
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In looking deeper at the situatin I discovered I had not included a few small divis in the calculation of the total NAV return for ADX. Turns out the 5 year compound NAV return is 7.07% when those corrections were made. Still short of the S & P 500 index and even the SPY's performance but somewhat better nonetheless.
Sep 01 16:46 pm
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