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Re: leftovers post# 634

Saturday, 04/04/2020 1:07:29 PM

Saturday, April 04, 2020 1:07:29 PM

Post# of 812
CLM falls further amid multiple problems. As of Friday 4/3/2020, sources now show NAV at -4.68. The market is dropping and the premium has become a discount.

As a fund contracts, management costs per share usually rise. CLM's old device of using rights offerings to raise funds now seems infeasible. Very instructive to watch this unfold. https://www.cefconnect.com/fund/CLM

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