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CEF

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    42.963$
  • Previous Close
    43.8022$
  • 52 Week Change
    12.75$
  • Day Range
    -0.84$
  • 52 Week High/Low
    30.75$ - 43.5$
  • Dividend Per Share
    --
  • Market cap
    8 382 M$
  • EPS
    --
  • Beta
    0.064
  • Volume
    --

About

CEF.TO is the stock ticker symbol for Sprott Physical Gold and Silver Trust, which trades on the Toronto Stock Exchange (TSX). It is a closed-end fund that invests primarily in physical gold and silver bullion. The fund aims to provide a secure, convenient, and exchange-traded way to invest in physical precious metals. It offers investors direct exposure to gold and silver prices without the complexities of purchasing and storing physical bullion directly. The units trade like shares of a company, and their price can fluctuate based on market conditions and the net asset value of the gold and silver holdings.
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Factors

Market Interest Rates: Rising rates can make CEFs less attractive as bond yields rise elsewhere

Net Asset Value (NAV): CEF.TO's price is influenced by the NAV of its underlying assets; significant NAV changes impact the stock price

Discount/Premium to NAV: Fluctuations in the difference between the market price and NAV affect attractiveness

Fund Management Fees: Higher fees can decrease investor returns, potentially lowering the stock price

Distribution Rate: A high, unsustainable distribution rate might raise concerns, potentially pressuring the price

Market Sentiment: Overall market optimism or pessimism impacts CEF.TO, along with sector-specific sentiment

Leverage: A highly leveraged fund's price will be more sensitive to changes in the underlying assets

Credit Quality: Changes in the credit quality of bonds within the fund's holdings affect the CEF price

Economic Conditions: Broad economic factors such as inflation and GDP growth influence the bond market and therefore CEF.TO

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