I have never understood the discount to NAV on these given that the portfolio is marked to market and noting the short duration of the portfolio and balanced exposure.
Yes, it is a closed ended fund, however the risk of KKR as a manager doing something 'whacky' is minimal.
Am I missing something?
Ann: Net Tangible Asset Backing, page-3
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Last
$2.32 |
Change
-0.020(0.85%) |
Mkt cap ! $748.2M | |||
| Open | High | Low | Value | Volume |
| $2.34 | $2.36 | $2.32 | $1.515M | 648.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 263308 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 7212 | 1 |
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| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
$2.33 |
Change
-0.020 ( 0.43 %) |
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| Open | High | Low | Volume | ||
| $2.33 | $2.35 | $2.32 | 34692 | ||
| Last updated 15.06pm 23/05/2024 ? | |||||
| KKC (ASX) Chart |