CET Profile
Central Securities Corp. (CET) is a closed-end investment fund that primarily invests in common stocks of US companies. The fund has a long-term investment horizon and seeks to generate capital appreciation and income for its shareholders.
As of its last market close, CET had a market capitalization of approximately $720 million USD. The fund had a net asset value of approximately $1.2 billion USD and held investments in a diversified portfolio of US companies. CET's stock price had a 52-week range of $17.55 - $36.00 USD and was trading at approximately $31.88 USD at the time of its last market close.
Central Securities Corp. is focused on providing long-term capital appreciation and income to its shareholders through a disciplined investment approach and a diversified portfolio of US companies. The fund is also committed to enhancing its operational efficiency and improving its financial performance.
Investing in CET carries risks, including risks associated with changes in market conditions and economic trends, as well as risks associated with changes in government regulations and tax laws. Additionally, Central Securities Corp. is subject to risks associated with changes in interest rates and currency exchange rates. Investors should carefully consider these risks before making any investment decisions.
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