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Global Income Fund:GIFD
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For registered users only
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PRINTABLE VIEW
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As of 6/18/2013. NAV as of 6/14/2013.
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Price | NAV | Premium/
Discount |
| Current | $3.92 | $4.88 | -19.67% |
| 52 Wk Avg | $4.03 | $4.98 | -18.96% |
| 52 Wk High | $4.37 | $5.31 | -12.60% |
| 52 Wk Low | $3.67 | $4.70 | -25.00% |
| Managed Distribution* | Yes |
| Distribution Rate | 6.63% |
| Distribution Amount | $0.0650 |
| Distribution Frequency | Quarterly |
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Investment Objective |
| The Fund seeks high income with capital appreciation through investment in global investment grade fixed income securities and closed end funds that invest significantly in income producing securities |
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Capital Structure |
| (As of 6/18/2013) |
| Total Net Assets: | $36.136M |
| Total Common Assets: | $36.134M |
| Common Shares Outstanding: | 7,416,766 |
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Leverage |
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| Preferred Share Rates |
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Annual Expense Ratios |
| (As of 12/31/2012) |
| Management Fees | 0.34% |
| Other Expenses: | 2.21% |
| Baseline Expense: | 2.55% |
| Interest Expense: | 0.00% |
| Total: | 2.55% |
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| Preferred Shareholder Distributions: | 0.00% |
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Basics |
| CUSIP: | ***** |
| Category: | Non-US/Other-Global Income |
| Fund Sponsor: | CEF Advisers, Inc. |
| Portfolio Managers: | Thomas B. Winmill (01 Feb 2007) |
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| Ticker: | GIFD |
| NAV Ticker: | XGIFX |
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| Average Daily Volume (shares): |
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| Average Daily Volume (USD): | |
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| Inception Date: | 2/21/1997 |
| Inception Share Price: | $8.38 |
| Inception NAV: | $8.49 |
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| Tender Offer: | No |
| Term: | No |
| Fiscal Year End: | December 31 |
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Third Party Links & Reports |
| SEC Filings |
| Intraday Pricing and News |
| Fund Sponsor Website |
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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.
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Declared
Date | Payable
Date | Ex
Date | Distrib
Amount | Income | Long
Gain | Short
Gain |
ROC
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| 6/3/2013 | 6/28/2013 | 6/14/2013 | $0.0650 | $0.0650 | 0 | 0 | |
| 3/1/2013 | 3/28/2013 | 3/13/2013 | $0.0650 | $0.0650 | 0 | 0 | |
| 12/13/2012 | 12/31/2012 | 12/24/2012 | $0.2100 | 0 | $0.2100 | 0 | |
| 12/3/2012 | 12/28/2012 | 12/12/2012 | $0.0650 | $0.0650 | 0 | 0 | |
| 9/4/2012 | 9/28/2012 | 9/12/2012 | $0.0650 | $0.0650 | 0 | 0 | |
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Key Information Regarding Distributions |
Avg. Earnings Per Share:
(As of 12/31/2012) |
-$0.0048
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Annualized Distribution Rate on NAV:
(As of 6/18/2013) | 5.33% |
Total Return on NAV (12 months):
(As of 6/18/2013) | 9.63% |
(As of 6/30/2012) |
-$0.0891
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(As of 6/18/2013)
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Portfolio Characteristics |
| Number of Holdings (As of 4/30/2013): | 33 |
| Annual Portfolio Turnover (As of 12/31/2013): | 115.00% |
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Top Holdings |
| As of 4/30/2013 reported by fund sponsor |
| Holding | Value | %Portfolio |
| Self Storage Group I Llc | $7.67M | 20.05% |
| State Street Euro Dlr Td 31 Dec 2049 | $4.56M | 11.91% |
| Extra Space Storage, Inc. | $1.61M | 4.21% |
| Sovran Self Storage, Inc. | $1.58M | 4.12% |
| Health Care REIT, Inc. | $1.42M | 3.72% |
| Public Storage | $1.40M | 3.66% |
| CBL & Associates Properties, Inc. | $1.33M | 3.47% |
| U-Store-It Trust | $1.32M | 3.44% |
| Kimco Realty Corp | $1.31M | 3.42% |
| Simon Property Group Inc | $1.25M | 3.26% |
| Kilroy Realty Corporation | $1.24M | 3.25% |
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Top Sectors |
| As of 12/31/2012 reported by fund sponsor |
| Sector | %Portfolio |
| General Equity | 75.16% |
| Investment Trusts | 21.12% |
| Debt - Pref Shrs | 5.53% |
| Debt - Short | 0.13% |
| Net Current Assets | -1.94% |
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Asset Allocation |
| As of 12/31/2012 reported by fund sponsor |
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Country Allocation |
| As of 12/31/2012 reported by fund sponsor |
| Country | %Portfolio |
| USA | 98.10% |
| UK | 0.52% |
| Australia | 0.51% |
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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. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. Past performance is no guarantee of future results.
The risks outlined below do not include all the risks pertaining to an investment in this fund. For more detailed information, please contact the Fund Sponsor.
Investment and Market Risk: An investment in common shares is subject to investment risk, including the possible loss of the entire principal amount that you invest. Your investment in common shares represents an indirect investment in the corporate securities owned by the Fund, which generally trade in the over-the-counter markets. Your common shares at any point in time may be worth less than your original investment, even after taking into account the reinvestment of Fund dividends and distributions.
Price Risk: Shares of closed-end investment companies like the Fund frequently trade at a discount to their NAV. Your common shares at any point in time may be worth less than your original investment, even after taking into account the reinvestment of Fund dividends and distributions.
Issuer Credit Risk:
Leverage Risk: Each Fund’s use of leverage creates the possibility of higher volatility for the Fund’s per share NAV, market price, distributions and returns. There is no assurance that a Fund’s leveraging strategy will be successful.
Non-Diversification and Concentration Risk: The Funds are able to invest a greater
portion of their assets in obligations of a single issuer than a “diversified” fund. A
nondiversified fund, or one with a portfolio concentrated in a particular industry or
geographical region, may be affected disproportionately by the performance of a
single security or relatively few securities as a result of adverse economic, regulatory, or
market occurrences.
Non-U.S. Securities Risk: Investments in non-U.S securities involve special risks not typically associated with domestic investments including currency risk and adverse political,
social and economic development. These risks often are magnified in emerging markets.
NOTES
1. Annualized total return is determined by subtracting the initial investments from the redeemable value of the investment at the end of the investment period, dividing the remainder by the initial investment and expressing the result as a percentage. For multiple years, 1 would be added to the results, this number could then be raised to the power of 1/years annualized - 1 to find the result of a multiple year annualized return. The calculation assumes that all income and capital gains distributions by the Fund have been reinvested at net asset value (share price) on the ex dates during the period.
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