CEFZ - Another Way To Deal With The Rare Problem Of Closed-End Fund Premiums

Three years ago, I wrote an unusual piece called "How do you Manage a Company when the Stock is Considerably Overvalued?", part of it dealt with the simpler case of dealing with closed-end funds that trade at a consistent premium to NAV. Quoting that portion of the article:

…what should the managers/board of a closed end fund do if it persistently trades at a large premium to its net asset value [NAV]? I can think of three ideas:

1) Conclude that the best course of action is to minimize the eventual price crash

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