Skip to main content
No. of Recommendations: 3
Yes they are all leveraged, but that does not bother me much. The leverage is typically 19% to 34%.

At my first glance through them I was looking at the listed management fee, but overlooked the higher total expense ratio. The expense ratio is just too high more me.

For kingrans questions. There are actually five and they are:

1. SMM -23.12%
2. CEN -22.84%.
3. SRV -22.64%
4. NML -22.50%
5. NTG -22.16

klee12, half of my attraction to these is the discount to NAV, but not with those expense ratios.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.