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At today's close, LAQ's share price was trading at a 17.3% discount to its NAV.
Dec 09 23:18 pm
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All Comments by Chris Schons »Laws of Closed-End Fund Investing Suspended? [View article]
Why? And, should we expect this gap to close as 2009 progresses? Also, does it have something to do with an impending capital gains distribution?
(I have owned LAQ for years now, and obviously I want the discount to NAV to disappear; why not break up the CEF and sell its constituent parts otherwise?!!)
Thank you.