BXSY: Solid Track Record With ~37% Discount

2025-11-10 05:17:50 ET

Written by Nick Ackerman, co-produced by Stanford Chemist

Bexil Investment Trust (BXSY) is one of the closed-end funds that trades at a massive discount, but that is pretty consistent. Remember, just because a fund trades at a massive discount doesn't make it appealing. In fact, the discount seemed never to stop widening as the share price sank lower while the net asset value per share went sideways or even saw growth. However, in our last write-up , we noted that it seems the fund was finally finding its floor around the -36% level, which appears to have continued to hold....

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