IFN / INDIA & other Country Funds

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"India vs PSEI" :  IFN / INDIA & other Country Funds

 IFN-vs-PSEI: 10d: IFN (17.55) / PSEI (6,450)= r-0.27% of PSEI. And 0.74% of Gold Oz. / disc to NAV

Table: Historical Ratios

YrEnd PSEI :  IFN  :  Disc: PSEI :Ratio:  TLT  :  Gold :  IF/Au  
2015: 6984: 22.74: 0.33%: 6984: .33% 120.60: 1069: 2.13%  
2016: 6841: 21.39:  0.31%: 6841: .31%  119.10:  1146:  1.87%  
2017: 8558: 26.12:  0.31%: 8558: .31%  126.90: 1291: 2.02%  
2018: 7466: 20.24: 0.27%: 7466: .27%  121.50: 1486: 1.36%  
2019: 7815:  20.13: 0.26%: 7815: .26%  135.50: 1520: 1.32%  
2020: 7140: 19.96: 0.28%: 7140: .28%  157.70:  1877: 1.06%  
2021: 7335:  21.10: 0.29%: 7335: .29%  148.20: 1828: 1.15%  
2022: 6556: 14.81: 0.23%: 6556: .23%  $99.56 1824: 0.81%  
2023: 6450: 18.82 0.28%: 6450: .29%  $98.88 2063: 0.91%  
Ave.:  7238: 20.59 0.28% 7238: .28% 125.33  1567: 1.41%  
/4.17> 6450: 17.55: 0.27%: 6450: .27% $89.28 2360: 0.74%

IFN to Gold: Cheapest yet at 0.74% of Gold Oz

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IFN-vs-PSEI: 2019: 

Source: CEF Connect

Called: "The Only Investment You Need for the Next 30 Years? "  

Per:  David Skarica, at AddictToProfits

> Source:   https://addictedtoprofits.net/the-only-investment-you-need-for-the-next-30-years-the-result-will-surprise-you-scotday-april-17th-2024/

[webmaster]

DISCOUNT... IFN vs Sensex

IFN Discount or Premium to NAV:-3.29% for April 19, 2024 / Longer Term

Recent Disc.

> https://ycharts.com/companies/IFN/discount_or_premium_to_nav

[webmaster]

The India Fund, Inc. Announces Rights Offering

Apr 8, 2024 — Shares of closed-end funds may trade above (a premium) or below (a discount) the NAV of the fund's portfolio.

The Fund will distribute to Common Stockholders of record as of the record date ("Record Date Stockholders"), which is currently anticipated to be April 18, 2024 (the "Record Date"), one Right for each share of Common Stock held on the Record Date. Record Date Stockholders will be entitled to purchase one new share of Common Stock for every three Rights held (1 for 3); however, any Common Stockholder who owns fewer than three shares of Common Stock as of the Record Date will be entitled to subscribe for one share of Common Stock. Fractional shares of Common Stock will not be issued. The proposed subscription period is currently anticipated to commence on the Record Date and expire on May 14, 2024, unless extended by the Fund (the "Expiration Date"). The Rights are transferable and are expected to be admitted for trading on the New York Stock Exchange (the "NYSE") under the symbol "IFN RT" during the course of the Offer. Rights may be exercised at any time during the subscription period. The subscription price per share of Common Stock (the "Subscription Price") will be determined on the Expiration Date and will be based upon a formula equal to 92.5% of the average of the last reported sales price of a share of Common Stock on the NYSE on the Expiration Date and each of the four (4) immediately preceding trading days (the "Formula Price"). If, however, the Formula Price is less than 93% of the Fund's net asset value ("NAV") per share of Common Stock at the close of trading on the NYSE on the Expiration Date, the Subscription Price will be 93% of the Fund's NAV per share

Read more at: https://www.charlotteobserver.com/press-releases/article287477145.html#storylink=cpy