SOURCE: Pristine Advisers

Pristine Advisers

January 07, 2013 12:18 ET

Pristine Advisers and Announce Closed-End Fund Survey Results for the Second Half of 2012

NEW YORK, NY--(Marketwire - Jan 7, 2013) - Pristine Advisers, along with its subsidiary CEFNetwork have released the results of its Closed-End Fund survey which polled analysts, brokers, individual and institutional investors, financial advisors and consultants over a six month period from June to December 2012. The polling process involved weekly questions distributed to Pristine's proprietary databases of closed-end fund investors and posted to various industry social media groups. The survey was also distributed among 275 members of the investment community that attended Pristine Advisers' Annual World of Closed-End Fund conference in New York on December 11, 2012.

The polling resulted in feedback on close to 20 questions pertaining to investing and the dynamics of Closed-End Funds, domestic and international investment opportunities and risks and investment strategies.

The results proved some very interesting responses, as in some cases, there was extreme diversity in the responses and other cases participants conveyed an overwhelming consensus. When asked about evaluating dividend risk over 65% responded they evaluate the dividend level based on the investment objective of the fund. To the other extreme there was no consistency when surveying participants as to what Closed-End Fund effort they believe most beneficial with responses split among seven choices ranging from tender offers, new rights offerings, fund mergers, liquidations and dividends. When also asked about sufficient daily liquidity, participants were split between ranges of $100 thousand to over $2.5 million. Close to 25% of all participants agreed that Closed-End Funds need to work on their investor relations and public relations programs for better and more consistent dissemination of information. Most all agreed however that now is the time to invest in Closed-End Funds yet chose different reasons for their involvement such as low interest rates, income and leverage opportunities.

Pristine Advisers executes this survey in an effort to better understand investors and analysts' perceptions, opinions and investment strategies in Closed-End Funds. These results are open to the public and directly distributed to clientele and colleagues. 

For the entire survey, please visit:

About Pristine Advisers:

Pristine Advisers is a leading Investor and Public Relations firm. Pristine Advisers management have over twenty years of experience in representing closed-end funds. Pristine Advisers along with its subsidiaries, provide a full range of services for publicly traded companies placing clients in front of investors, financial press and social media outlets around the world. For more information: and

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Contact Information

  • For more information contact:
    Pam O'Brien
    Senior Vice President
    Pristine Advisers
    Email Contact