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.
It seems the fund is reasonably well positioned now for a higher...
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Last
$10.43 |
Change
-0.040(0.38%) |
Mkt cap ! $1.793B | |||
| Open | High | Low | Value | Volume |
| $10.39 | $10.47 | $10.30 | $6.392M | 615.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 96 | $10.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.43 | 22131 | 1 |
View Market Depth
| Last trade - 16.15pm 25/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |