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Minor Note For THQ/HQL/HQH Holders

scott
in Off-Topic
This is especially true for THQ, whose discount has widened from around 6-7% to around 10-11%.

I was aware that there was a buyback in place, but wasn't aware that it hadn't started yet.

From THQ's report:
"Share Repurchase Program
In March 2015, the Trustees authorized a share repurchase program. The share repurchase
program allows the Fund to purchase in the open market up to 12% of its outstanding common
shares for a one-year period beginning July 11, 2015. The share repurchase program is intended
to enhance shareholder value and potentially reduce the discount between the market price
and the Fund’s shares and the Fund’s net asset value."

So while HQL/HQH are either trading around NAV or at a slight discount, THQ may see more noticeable benefit shortly.

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