We update our weekly discount and z-score screens which you can find on our Analytics page.
We show the biggest discounts and premia in the table below.
FXBY – a tiny equity fund tops the discount table at over 30%. Due to its board structure, FXBY is difficult to attack by activist investors and because it carries a high fee the discount is probably justified.
SRF – an MLP fund with a lowish distribution rate is trading at a discount of 16%. MLPs have had a tough few weeks due to the sell-off in oil, however, we think this is overdone and there are a few MLP funds with attractive yields trading at discounts.