Denali Fund:DNY

    Overview

    As of 11/21/2014. NAV as of 11/14/2014.

     Share
    Price
    NAVPremium/
    Discount
    Current$22.31$27.87-19.95%
    52 Wk Avg$20.90$25.99-19.82%
    52 Wk High$22.61$27.98-17.98%
    52 Wk Low$18.99$23.51-22.60%
    Regular Distribution TypeIncome Only
    Distribution Rate0.39%
    Distribution Amount$0.0382
    Distribution FrequencySemi-Annual
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to produce both income and long-term capital appreciation through investing in both equities and fixed income securities

    Capital Structure

    As of 11/21/2014

    Total Net Assets:$139.204M
    Total Common Assets:$117.253M
    Common Shares Outstanding:4,157,117
    Leverage

    As of 4/30/2014

    Preferred Share Assets: $22.000M
    Type of Preferred: Auction preferred stock
    Total Debt (USD):
    Structural Leverage (USD): $22.000M
    Structural Leverage (%): 16.67%
    Effective Leverage (USD): $22.000M
    Effective Leverage (%): 16.67%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 10/31/2014

      Per Common Share
    Management Fees1.54%
    Other Expenses:0.63%
    Baseline Expense: 2.17%
    Interest Expense:0.00%
    Total: 2.17%

    Fund Management

    Fund Sponsor
    Boulder Investment Advisers LLC

    Portfolio Managers
    Brendon Fischer (06 Feb 2012) / Stewart R. Horejsi (26 Oct 2007)

    Basics
    Category:US Equity-General Equity
    Ticker:DNY
    NAV Ticker:XDNYX
    Average Daily Volume (shares):
    Average Daily Volume (USD): 
    Inception Date:11/29/2002
    Inception Share Price:$15.00
    Inception NAV:$14.33
    Tender Offer:No
    Term:No
    Fiscal Year End:October 31
    Third Party Links & Reports

    Distributions

    As of 11/21/2014

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2014
    $0.0117
    Annualized Distribution Rate on NAV:
    As of 11/21/2014
    0.31%
    Total Return on NAV (12 months):
    As of 11/21/2014
    18.18%
    Avg. UNII Per Share:
    As of 4/30/2014
    $0.0395
    Total % Portfolio Effectively Leveraged:
    As of 11/21/2014
    16.67%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 11/21/2014

    PeriodAvg Discount
    6 Month-19.20%
    1 Year-19.82%
    3 Year-19.81%
    5 Year-18.20%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/21/2014
    Category: US General Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD17.49%14.52%5.70%6.95%
    201324.20%25.76%33.34%29.39%
    201224.25%21.96%16.87%14.60%
    2011-6.54%-1.97%-4.21%-2.93%
    201010.06%15.68%21.08%19.95%
    200937.87%18.73%39.07%32.71%
    2008-32.78%-23.83%-45.35%-41.23%
    2007-19.49%-17.72%1.89%5.34%
    200644.12%40.10%19.04%15.25%
    200511.26%8.26%5.09%6.31%
    200426.33%33.44%15.29%13.39%
    200336.31%50.66%31.70%30.83%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/21/2014
    Category: US General Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 10/31/2014
    27
    Annual Portfolio Turnover:
    As of 10/31/2014
    22.00%
    Asset Allocation

    As of 7/31/2014 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2014 reported by Fund Sponsor

    Sector%Portfolio
    General Equity 84.77%
    Money Market Fund 10.06%
    Hedge Funds 4.87%
    Net Current Assets 0.29%
    Top Holdings

    As of 10/31/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    Berkshire Hathaway Inc A$37.59M27.67%
    Ventas Inc$14.20M10.45%
    Cohen & Steers Infrastructure Common$8.69M6.40%
    JPMorgan Chase & Co$6.73M4.95%
    Wells Fargo & Co$6.68M4.92%
    Cisco Systems Inc$6.03M4.44%
    JPMorgan Prime Money Market Capital$5.83M4.29%
    Ithan Creek Partners LP$5.42M3.99%
    Pfizer Inc$5.41M3.99%
    Chevron Corp$5.36M3.95%
    LTC Properties, Inc.$4.70M3.46%
    Country Allocation

    As of 7/31/2014 reported by Fund Sponsor

    Country% Portfolio
    USA 95.16%
    Global 4.83%

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