Q: Would be interested in any up-dated thoughts on Urbana (URB.A)since last mention in Oct/13. The fund is now about a third US big banks ie. B.of A., Citi, and Morgan Stanley in addition to exchange holdings: they have initiated an annual dividend
( approx. 2.75%); continue to buy back shares: and trade at about 35% discount to NAV. Your thoughts, any caveats appreciated.
Thank-you
( approx. 2.75%); continue to buy back shares: and trade at about 35% discount to NAV. Your thoughts, any caveats appreciated.
Thank-you