Highland Global Business Valuations announces the release of the 4th Quarter 2014 Update to "Discount Statistics of Closed-End Funds"
February 13, 2015 (PRLEAP.COM) Business News
February 13, 2015 - Myrtle Beach, South Carolina, Orlando, Florida, Dallas, Texas & Washington, DC, February 13, 2015 - Highland Global Business Valuations is pleased to announce the release of its 4th Quarter 2014 Update to its quarterly research on "Discount Statistics of Closed-End Funds." Highland Global Business Valuations has been conducting its quarterly research on discount statistics of closed-end funds for over ten years. Each quarter, Barron's Online (www.barrons.com) reports statistics on publicly-traded closed-end funds. The statistics reported include the discount (or premium) of the market price from the fund's net asset value (NAV), the 52-week average discount or premium, the fund's objective, and various return measurements, etc. For the fourth quarter ending December 31, 2014, Barron's reported that 465 closed-end funds traded at discounted to their NAV. The average discount to NAV was 9.5% with a median of 9.8%. For the fifty-two weeks ending December 31, 2014, 477 closed-end funds traded at discounts to their NAV. The average discount to NAV was 8.8% with a median of 9.0%.
The full update and results of Highland Global's analysis are available at www.HighlandGlobal.com. Business appraisers, attorneys, academics, students, or accountants may find Highland Global's research in this area useful in developing reference points for discounts applicable to minority interests in family limited partnerships or privately held entities that hold a diversified portfolio of financial assets analogous to closed-end funds.
About Highland Global-Highland Global Business Valuations is a leading strategic advisory, financial analysis, and business valuation firm for domestic and international privately held businesses. Highland Global performs independent business appraisals and valuations for a wide range of purposes including succession planning, gift taxes, estates taxes & estate planning, mergers & acquisitions, employee stock ownership plans (ESOPs), financing/capital raising, divorce, shareholder issues, SBA loans or bank financing, and litigation.
Press Contact:
Highland Global Business Valuations
Telephone: 888.666.9678
Website: www.HighlandGlobal.com
Daily Business Valuation Dossier: www.valuationsinternational.com
Blog: www.businessvaluations.guru
Attachments