BVR now offers two closed-end fund reports for estimating DLOC

BVWireIssue #206-2
November 13, 2019

discounts & premiums
discount for lack of control (DLOC), family limited partnership (FLP), discount

Closed-end fund (CEF) data are commonly used to derive discounts for lack of control (DLOC) for closely held holding companies invested in marketable securities. CEFs are the most comparable public proxies to investment-holding companies because both have a limited number of shares available to investors. These shares must be purchased from other investors instead of the fund itself. Business Valuation Resources now offers two sources of CEF data. Prepared by Bruce A. Johnson and James R. Park, these reports, with current and historical data, save you hours of research time. The two reports available are:

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