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Posted by
Two Blokes May 11 -
Filed in
Stock
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Central Securities Corporation is a closed-end fund with a concentrated portfolio, no leverage, and a focus on long-term capital appreciation. CET's semi-annual distributions are variable and primarily paid in December, making it less suitable for income-centric investors. Past performance is excellent, especially its long-term performance. However, the income yield is mediocre for a closed-end fund.
