Mary Ellen Stevens

India CEFs Underperforming Since ETF Launched

I would be interested to know if the NAV of the CEFs kept up with INP. If the NAV is falling behind, it is a management issue. If the NAV has kept up while the discount increased, then it may be an investor reaction that may adjust back to par or a premium. In that case going short INP and long an India CEF might be a good market neutral play to capture the discount. Does that make any sense? Do you have the NAV versus price data?