STK CEF: Golden Customary Of Expertise CEFs Now Overpriced

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Thesis

Columbia Seligman Premium Expertise Development Fund (NYSE:STK) is an fairness “buy-write” closed finish fund. The automobile has carried out admirably up to now decade, being up greater than 461% on a complete return foundation, and exhibiting lengthy durations of time when it outperformed its benchmark index, the Expertise Choose Sector SPDR Fund (XLK). The CEF has a 10-year Sharpe ratio of 0.85 with an ordinary deviation of 21.47% and has managed common annual whole returns over 16% on a 10-year look-back:

sheet

Common Annual Returns (Fund Reality Sheet)

The fund

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