It seems the fund is reasonably well positioned now for a higher inflation and interest rate environment. I agree the portfolio now seems solid rather than fancy. The MGF (closed ended fund, which I hold) has been trading at about a 17% discount to NAV, which I do think is an attractive buying opportunity (given if you directly invest in the fund you get 0% discount, but you do get to exit at NAV too). Once the MGFO options expire and if the discount to NAV remains, I can imagine Magellan would do something to address the discount.
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Last
$8.45 |
Change
-0.050(0.59%) |
Mkt cap ! $1.455B | |||
| Open | High | Low | Value | Volume |
| $8.54 | $8.54 | $8.39 | $2.710M | 320.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 2217 | $8.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.45 | 1926 | 15 |
View Market Depth
| Last trade - 13.19pm 25/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |