Buying The VanEck Vectors Gold Miners ETF At 11.56% Discount [Seeking Alpha]
ASA Gold and Precious Metals Limited (ASA)
US:NYSE Investor Relations:
asaltd.com
Company Research
Source: Seeking Alpha
Summary Fred Piard wrote a cool article on How To Get 5% Discount On Gold And Silver, 12% On Miners And A 10% Dividend . This prodded me to look into the differences between the closed-end fund investing in mining companies ASA Gold and Precious Metals ( ASA ) and the leading exchange-traded fund to invest in mining companies, GDX . Both closed-end funds and exchange-traded funds can be bought or sold at any time. ETFs benefit from a nifty mechanic, causing them to trade near net asset value most of the time. A closed-end fund can trade at a significant discount or premium to its net asset value. At The Black Swan Portfolio, we’ve included several obscure closed-end funds into the portfolios to acquire assets at a deep discount to their market value. If you put a million in GDX and a million in ASA, 50% of that money will be put into exactly the same stocks. The other 50% goes to those stocks in different quantities or towards different stocks entirely. With si
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News
- ASA Gold and Precious Metals: A Golden Opportunity Lost Its Luster [Seeking Alpha]Seeking Alpha
- Saba Capital Files Lawsuit Against ASA Gold and Precious Metals and its Board of Directors Over Unlawful Shareholder Rights Plan [Yahoo! Finance]Yahoo! Finance
- Saba Capital Files Lawsuit Against ASA Gold and Precious Metals and its Board of Directors Over Unlawful Shareholder Rights PlanBusiness Wire
- ASA Gold and Precious Metals Fund Adopts Limited-Duration Shareholder Rights Plan [Yahoo! Finance]Yahoo! Finance
- ASA Gold and Precious Metals Fund Adopts Limited-Duration Shareholder Rights PlanBusiness Wire
ASA
Sec Filings
- 3/26/24 - Form DFAN14A
- 3/26/24 - Form DEFA14A
- 3/25/24 - Form DEFA14A
- ASA's page on the SEC website