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Central Securities Corp fund offers 5.07% yield with strong value focus and 15.92% discount to NAV

Market News
04 Sep 2026
Seeking Alpha
View Source
Bullish
Central Securities Corp fund offers 5.07% yield with strong value focus and 15.92% discount to NAV

Central Securities Corporation (CET) is a closed-end fund known for outperforming the S&P 500 through a concentrated, value-oriented equity portfolio focused on financials, especially insurance underwriters like Plymouth Rock. The fund pays a semi-annual variable distribution yielding 5.07%, fully covered by investment income and capital gains, but does not offer monthly payouts. Trading at a 15.92% discount to its net asset value and with a low expense ratio of 0.41%, CET is attractive for long-term capital growth and portfolio diversification. This makes it a compelling option for investors seeking income and value exposure outside heavy technology sectors.

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