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Central Securities Corporation (CET)

U.S. Equity Funds - General Equity Funds

Data as of May 20, 2024
Market Price $43.40 (+ $0.89)
NAV (May 17, 2024) $52.72 ( $0.00)
Fund Listed NYSE MKT
Premium / Discount -17.68% (+1.69%)
Fund Info
Inception Oct. 1, 1929
Sponsor Central Securities Corporation
Website www.centralsecurities....
Phone 866-593-2507
Location New York
Incorporated Delaware
Staggered Board No
Term Date N/A
Objective: Growth of capital; Wide range of securities
Related Indexes
US Equity Index
Global Equity Index
60/40 Balanced (w/ BDCs) Index
All Sector Equity CEF Index
Capital & Leverage
Outstanding Shares 28,387,828
Total Assets (Reported: Dec. 31, 2023) $1,323M
Estimated Total Assets $1,497M
Net Assets $1,497M
Market Cap $1,232M
Portfolio Turnover 4.10%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 0.56%
Non Lev Exp Ratio 0.56%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -16.17%
Discount Low(3 Yr) -20.96%
Discount High(3 Yr) -8.04%
Discount Rel Range (3 Yr) 25.39%
Comp Discount -13.01
Discount St Dev (1Yr) 1.10
Z-Stat (6mo) 1.29
Z-Stat (1Yr) 0.56
Z-Stat (3Yr) -0.65
Comp Z-Stat (6mo) 1.18
Comp Z-Stat (3Yr) 0.01
Distribution Data
Market Yield 4.26%
Income Yield 1.15%
Lev Adj NAV Yield 3.51%
Distribution Frequency S
Current Distribution $1.650
Current Income $0.450
Ex-Date 11/10/23
Payable Date 12/21/23
Div Growth (3yr) %
Dividend Change % on
Expected Div 5/21/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2022 2020 - 2022
Income 22.5% 28.8%
ST Gains 0% 1.6%
QDI 22.5% 30.4%
LT Gains 77.6% 69.6%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $1,313
Avg Volume 30 day 21,169
Avg Volume 90 day 30,253
Volume Trend -30.03%
Comp Volume Trend -16.58%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's US Equity Index
Most Correlated Peer (Mk Pr): TY 89.0%
NAV - Price Correlation (30 d) 92.5%
NAV - Price Correlation (90 d) 92.9%
NAV - Price Correlation (1 Yr) 97.5%
Price St Dev (1Yr) 11.2%
NAV St Dev (1Yr) 10.6%
Earnings / Share (12/31/23) $0.217
Earn Coverage 13.15%
Earnings Trend Down
UNII / Share (12/31/23) $0.063
Rel UNII 12.63
UNII Trend Up
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's US Equity Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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