CET

Central Securities Corp

46.85 USD
-0.79
1.66%
At close Jun 13, 4:00 PM EDT
After hours
46.55
-0.30
0.64%
1 day
-1.66%
5 days
-1.04%
1 month
-0.36%
3 months
5.49%
6 months
0.56%
Year to date
3.28%
1 year
7.68%
5 years
61.89%
10 years
118.31%
 

About: Central Securities Corp is a non-diversified closed-end management investment company. Its investment objective is long-term growth of capital. The company invests in common stocks, bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks, and corporations.

0
Funds holding %
of 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

6% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 18

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]

0.26% less ownership

Funds ownership: 10.41% [Q4 2024] → 10.15% (-0.26%) [Q1 2025]

2% less capital invested

Capital invested by funds: $136M [Q4 2024] → $133M (-$2.26M) [Q1 2025]

5% less funds holding

Funds holding: 85 [Q4 2024] → 81 (-4) [Q1 2025]

27% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 11

Research analyst outlook

We haven’t received any recent analyst ratings for CET.

Financial journalist opinion

Based on 3 articles about CET published over the past 30 days

Positive
Seeking Alpha
1 week ago
2 Picks For Monthly Distributions And Participating With Activists
Closed-end funds offer unique opportunities due to the structure, which allows for the share price to swing wildly different from the underlying portfolio value. There are activist groups that specifically target these in a way to take advantage of this feature within the closed-end fund space. On top of that, it also provides significant diversification by investing in already diversified CEFs, and additionally, this can translate into strong monthly distributions.
2 Picks For Monthly Distributions And Participating With Activists
Neutral
Business Wire
1 week ago
Central Securities Corporation Declares Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Central Securities Corporation (NYSE American: CET), a closed-end investment company, today declared the following dividend:       Ex- and Record   Payment Class of Stock Rate   Date   Date Common Stock $0.25   6/17/25   6/27/25 Of the $0.25 per share to be paid on June 27, 2025, $0.04 is expected to be taxable as ordinary income and $0.21 is expected to be taxable as long-term capital gain. The final tax breakdown of all amounts paid during.
Central Securities Corporation Declares Dividend
Positive
Seeking Alpha
3 weeks ago
5 Best CEFs This Month For Yields Up To 14% (May 2025)
For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
5 Best CEFs This Month For Yields Up To 14% (May 2025)
Positive
Seeking Alpha
1 month ago
CET: Excellent Record, 17% Discount, But Yields Less Than 6%
Central Securities Corporation is a closed-end fund with a concentrated portfolio, no leverage, and a focus on long-term capital appreciation. CET's semi-annual distributions are variable and primarily paid in December, making it less suitable for income-centric investors. Past performance is excellent, especially its long-term performance. However, the income yield is mediocre for a closed-end fund.
CET: Excellent Record, 17% Discount, But Yields Less Than 6%
Neutral
Business Wire
1 month ago
Central Securities Corporation Releases Report to Stockholders
NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Report to Stockholders for the three months ended March 31, 2025. Figures as of March 31, 2025 compared with those of one year ago, are as follows: March 31, March 31, 2025 2024     Net assets per common share $54.46 $50.86     Net assets $1,575,432,513 $1,443,687,141     Shares outstanding 28,927,937 28,387,828 Additional details are available at www.centralsecuri.
Central Securities Corporation Releases Report to Stockholders
Positive
Seeking Alpha
1 month ago
5 Best CEFs This Month For Yields Up To 15% (April 2025)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500closed-end funds.
5 Best CEFs This Month For Yields Up To 15% (April 2025)
Positive
Seeking Alpha
3 months ago
CET: This Outperforming Fund Can Complement A Portfolio Well
Central Securities Corporation consistently outperforms the S&P 500 Total Return Index, making it a strong choice for long-term capital growth, despite its lower yield compared to peers. The fund's value-oriented strategy with limited exposure to the technology sector has helped it perform well, especially during periods of market volatility. The technology sector was responsible for much of the year-to-date market decline, so the fact that this fund invests elsewhere, could be very appealing right now.
CET: This Outperforming Fund Can Complement A Portfolio Well
Neutral
Business Wire
4 months ago
Central Securities Corporation Releases Annual Report to Stockholders for the Year Ended December 31, 2024
NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Annual Report to Stockholders for the year ended December 31, 2024. Figures as of December 31, 2024, compared with those of one year ago, are as follows:   December 31, December 31,   2024 2023       Net assets per common share $54.26 $46.49 Net assets $1,569,940,654 $1,319,864,836 Shares outstanding 28,935,676 28,387,828 Additional details are available at www.cen.
Central Securities Corporation Releases Annual Report to Stockholders for the Year Ended December 31, 2024
Positive
Seeking Alpha
4 months ago
5 Best CEFs This Month For Nearly 10% Yield (January 2025)
For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
5 Best CEFs This Month For Nearly 10% Yield (January 2025)
Positive
Seeking Alpha
5 months ago
5 Best CEFs This Month For 9% Yield (December 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
5 Best CEFs This Month For 9% Yield (December 2024)
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