As the fund's discounts from net asset values widened, Watt's shareholders fared even worse than that.
Money market mutual funds are exempt from SEC requirements that mutual funds maintain floating net asset values.
Three years ago, Japan was their biggest market in terms of square footage and net asset values.
Our five each trade at deep enough discounts to net asset values, or NAV, to make them attractive.
All signs suggest that private equity net asset values rose for an eighth consecutive quarter between January and March.
FORBES: The Great Private Equity Comeback Is Complete--At Least On Paper
Their shares are at near-record 19% average discounts to underlying net asset values.
Additionally, they execute trades, compute Net Asset Values (NAV), calculate distributions and perform other administrative duties for the funds.
FORBES: In A World Of Madoffs, Remember What Reagan Told Gorbachev About Trust
By comparison, REITs in general trade at 26% premiums to their net asset values, according to Green Street Advisors, a real-estate research firm.
Their books are in order and their investors pretty much know that yields and net asset values rise and fall with market conditions.
Last week, IndexUniverse.com, a news source on ETFs, noted that Japanese ETFs closed at premiums of 7% or more to their net asset values.
Shares of Equity Residential and AvalonBay trade at 4% and 1% discounts, respectively, to their net asset values, or what their properties would fetch if sold.
According to advisory firm Triago, the net asset values of private equity portfolios on average dropped between 3% and 5% in the three months following June 30.
FORBES: Private Equity Surprise: Portfolios Are Holding Up Fine
Many mall trusts are changing hands these days at significant discounts to their net asset values, or NAVs, says Green Street Advisors, an independent research firm specializing in REITs.
Valuations of private equity portfolios have now risen for seven straight quarters, a cumulative 40.1% rise that Triago claims puts net asset values nearly on par with pre-financial crisis peak levels reached in December 2007.
FORBES: The Great Private Equity Comeback Is Complete--At Least On Paper
Refusing to pay dividends, he says, leads to cash hoarding and chronic over-capitalization, leading mangers to seek out investment choices with lower and lower net present values, which is especially true given that any return looks good relative to the effective 0% returns now available on cash.
The net embodies certain values and ways of thinking that many societies, even the UK, find difficult to deal with.
Streetwalker has compiled a table of five REITs selling at big discounts to their net underlying asset values that are likely targets.
Morgan Stanley's REIT Index is down 24% so far this year, and most REITs sell at an average of close to 10% discount to their net underlying asset values, according to Jon Fosheim of Green Street Advisors.
And thanks to ballooning real estate values, average household net worth has increased even faster.
Massive deflation in home values has shredded the net worth of millions of Americans, but the most pain has been inflicted on those who thought they were being prudent by paying down their mortgages.
Did the values of your teams and your net worths soar because the current labor deal was so bad?
In the same way, having so many net activists here with the politicians has not done a great deal to persuade them that the internet's values are ones that they must work hard to preserve.
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