X-ray of ADX relative to the S & P 500-II | Closed-End Funds Message Board Posts


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Msg  23221 of 23601  at  5/31/2023 6:07:23 PM  by

gjunk3

The following message was updated on 5/31/2023 6:43:29 PM.

 In response to msg 23220 by  mutualhelper
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Re: X-ray of ADX relative to the S & P 500-II

All of the S A authors rely on the performance measuring services that S A provides to them as a benefit for publishing a piece. Unfortunately the free measurement services are prone to missing divs sporadically most especially nav adjustments. Dividendchannel is certainly one that's fairly reliable but has missed them in the past.

I note that ADX has a new honcho who has been doing some total return swaps with Morgan Stanley on some equity securities. I'm concerned that ADX will have its pocket picked by Morgan Stanley but so far there didn't seem to be much effect as the loss it took for the Q was less than $1K. But I think it bears watching. ADX does have that 16% discount on its port that will provide a cushion going forward.



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