Top Closed End Funds 6-4-07
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Created by Barrons
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Date updated:06-03-2007

From Barron's 6-4-07:

"Although its recent returns haven't been as strong, the DWS Dreman High Return Equity Fund (ticker: KDHAX) has a good long-term record and an estimable lead manager in David N. Dreman, known for his value stock-picking. It also has a new manager on its team, Clifton Hoove.

The portfolio's 10-year annual return of 10.52% bests the Standard & Poor's 500 by 2.47 percentage points, placing it in the top 20% of its Morningstar peer group.

But for those investors looking for another way to get exposure to this fund family, there is Dreman-Claymore Dividend & Income (DCS), a closed-end that's very similar to its open-end cousin. As of late last week, the closed-end fund traded at an 11% discount to its net asset value. Translation: investors can buy these assets for less than 90 cents on the dollar."

symbol name last price % change open
  • +
  • GDV
    Gabelli Dividend
  • $10.70
  • 0.00%
  • $10.44

Some marquee managers' closed-end funds are trading at sizable discounts, including GDV and FGF

People owning GDV also tend to own: ENTFXEHQHAMATBUDGLQSUNW

TheStreet.com Rating: No Rating What is this?

  • +
  • FGF
    Sunamerica Focuse
  • $10.31
  • 0.00%
  • $10.13

All these portfolios traded at double-digit discounts to their net asset values late last week

People owning FGF also tend to own: BTFCETGFGGTNRLNROPBF

TheStreet.com Rating: No Rating What is this?

  • +
  • KDHAX
    Dws Value Srs Dw
  • $25.71
  • -0.16%
  • $N/A

No Analysis added

People owning KDHAX also tend to own: DCSFGFGDVTDFCBACXECTGXLTFCX

TheStreet.com Rating: No Rating What is this?

  • +
  • DCS
    Dreman/claymore D
  • $2.07
  • 0.00%
  • $2.02

As of late last week, the closed-end fund traded at an 11% discount to its net asset value. Translation: investors can buy these assets for less than 90 cents on the dollar.

People owning DCS also tend to own: AIGCOPCPAHAWKKGCMAMWE

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  • +
  • TDF
    Templeton Dragon
  • $24.01
  • 0.00%
  • $23.54

No Analysis added

People owning TDF also tend to own: ABBCOMSFMOFXISTEMVLOXLE

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