ASA Gold and Precious Metals

ASA

市值 US$9.6億

PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (the “Company”) (NYSE: ASA) declared a distribution of $0.05 per common share of the Company. The distribution is payable on November 12, 2026 to shareholders of record as of the close of business on November 5, 2026.You should not draw any conclusions about the Company's investment performance based on the amount of the distribution declared. The frequency and amount of future distributions, if any, are subject to change. In.

ASA Gold & Precious Metals Limited is undergoing a major mandate shift from a gold/miners CEF to a credit-focused BDC managed by Saba. Saba, now holding ~32% of ASA, engineered the conversion to access management fees and pursue illiquid credit opportunities from stressed BDCs. ASA trades at a ~20% discount to NAV; a +10% arbitrage return is targeted if the conversion proceeds, though gold market risk remains until approval.

ASA International Group PLC (AIGRF) Q2 2026 Earnings Call Transcript

Investors should tell the Board now: liquidity first, restructuring later Investors should tell the Board now: liquidity first, restructuring later

PORTLAND, Maine--(BUSINESS WIRE)--Based on the unanimous recommendation of its Special Committee, the Board of Directors (the “Board”) of ASA Gold and Precious Metals Limited (NYSE: ASA) (the “Company”) is pleased to announce that it has approved a proposal to convert the Company from a registered closed-end investment company focused on the gold and precious-metals sector into a business development company (“BDC”) with a yield-oriented, credit-focused strategy (the “BDC Conversion”). As part.

ASA Gold and Precious Metals is rated BUY, offering pure junior gold miner exposure at a 14.7% discount to NAV. ASA's portfolio outperformed GDXJ by 2.4% annualized (2016–2025), but its 1.88% expense ratio is significantly higher than peers. Key risks include Saba Capital's board control, possible conversion to a BDC, and uncertain portfolio management after the Merk advisory termination.

PALO ALTO, Calif., July 01, 2026 (GLOBE NEWSWIRE) -- Axel Merk, an ASA Gold and Precious Metals Limited (NYSE: ASA) shareholder, today called on the Securities and Exchange Commission to scrutinize the actions of ASA's Board after the Board terminated Merk Investments LLC as the Fund's investment adviser and moved portfolio management to an internal investment committee made up of Saba-controlled Board members.

PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (NYSE: ASA) (the “Company”), a registered closed-end management investment company listed on the New York Stock Exchange, today announced that Paul Kazarian has been appointed President and Principal Executive Officer (“PEO”) of the Company. Axel Merk and Peter Maletis no longer serve as officers of the Company. The Company also announced that, as the Special Committee of the Board of Directors continues its work evaluating.

ASA Gold & Precious Metals Limited (ASA) is a standout among closed-end funds (CEFs), but not for the reasons we'd like!

PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (NYSE: ASA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, today announced that Axel Merk has resigned from his position as Chief Operating Officer of the Fund, effective immediately. Mr. Merk submitted his resignation letter to the Board of Directors of the Fund this morning without prior notice. Also without prior notice to the Fund or the Board, Mr. Merk announce.