ASA Gold and Precious Metals Ltd

ASA Gold & Precious Metals Ltd. operates as a closed-end precious metals and mining investment fund. It engages in the investment in the securities of companies engaged in the exploration, mining and processing of gold, silver, platinum, diamonds and other precious metals. The company was founded by Charles Engelhard on June 12, 1958 and is headquartered in Portland, ME.

ASA Gold & Precious Metals Ltd. engages in the investment in the securities of companies engaged in the exploration, mining, and processing of gold, silver, platinum, diamonds, and other precious metals. The company was founded by Charles Engelhard on June 12, 1958 and is headquartered in Portland, ME.

Gold continues to trade near all-time highs. As the broader market sees interest rate cuts and improving inflation mixed with challenging federal deficits, an election, and other factors, where can investors find potential opportunities? Gain insight into gold, precious metals and minerals with a sector review and outlook from Merk Investments President and Chief Investment Officer Axel Merk.

CEF Insights: Gold Sector Review And 2025 Outlook

PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (the “Company”) (NYSE: ASA) declared a distribution of $0.02 per common share of the Company. The distribution is payable on November 20, 2024 to shareholders of record as of the close of business on November 13, 2024. Consistent with the Company's semi-annual distribution in May 2024, this distribution represents a $0.01 per common share increase as compared to last year, doubling the rate per share that has been paid on a.

ASA Gold and Precious Metals Limited Announces Distribution Declaration

PORTLAND, Maine--(BUSINESS WIRE)--The Rights Plan Committee (the “Committee”) of the Board of Directors (the “Board”) of ASA Gold and Precious Metals Limited (“ASA” or the “Company”) (NYSE:ASA) has unanimously adopted a limited-duration shareholder rights plan (“Rights Plan”) to protect the interests of the Company and all of its shareholders. The Rights Plan is currently effective and will expire at the close of business on December 20, 2024. The terms of the Rights Plan are substantively iden.

ASA Gold and Precious Metals Fund Adopts Limited-Duration Shareholder Rights Plan

ASA Gold and Precious Metals Limited is a closed-end fund with a long history, now focusing on junior gold miners. The fund has traded at a consistent discount to NAV, leading to activist investor involvement and board changes. ASA's potential for discount to NAV to close in the future, along with bullish outlook for gold sector, make it an attractive investment option.

ASA: Gold Stocks Cheap Versus Gold Price, Own At A Large Discount To NAV

PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited Announces Results of Vote at Annual General Meeting.

ASA Gold and Precious Metals Limited Announces Results of Vote at Annual General Meeting

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (“Saba” or “we”), the largest common shareholder of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Fund”), today commented on the outcome of the Fund's 2024 Annual Meeting of Shareholders (the “Annual Meeting”). Based on preliminary results of the Annual Meeting, shareholders voted to elect Saba nominees Ketu Desai and Paul Kazarian to ASA's Board of Directors (the “Board”). No other nominee, including the incumbent direc.

ASA Gold and Precious Metals Shareholders Elect Saba Capital Nominees to the Fund's Board of Directors

ASA Gold and Precious Metals Board Shareholders Elect Saba Capital Nominees to the Fund's Board of Directors

PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited Announces Adoption of Discount Management Program.

ASA Gold and Precious Metals Limited Announces Adoption of Discount Management Program

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (“Saba” or “we”), the largest common shareholder of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Fund”), today announced that a leading proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”), has recommended shareholders vote for the election of Saba director candidates Ketu Desai and Paul Kazarian to the Fund's Board of Directors (the “Board”) at the April 26, 2024 Annual Meeting of Shareholders (the “Ann.

ISS Supports Saba Capital's Case for Change at ASA Gold and Precious Metals Limited

With current market dynamics, Merk Investments President and Chief Investment Officer sees significant upside potential in junior gold miners, the focus of ASA Gold and Precious Metals Limited. At the same time, ASA shareholders have an important vote on its Board of Directors, which could impact the Fund. Gain insight into the current market, ASA's strategy, and the need for shareholders to vote.

CEF Insights: ASA Gold Mining Opportunity Needs Shareholder Support

PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (the “Company”) (NYSE: ASA) announced today that it has declared a distribution of $0.02 per common share of the Company payable on May 16, 2024 to shareholders of record of the Company's common shares as of the close of business on May 6, 2024. This distribution represents a $0.01 per common share increase in the Company's distribution, doubling the rate per share that has been paid on a semi-annual basis since November 201.

ASA Gold and Precious Metals Limited Announces Increase To Semi-Annual Distribution and Additional Voluntary Fee Waiver by its Adviser

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We review CEF market valuation and performance through the third week of March and highlight recent market action. Most CEF sectors saw lower NAVs due to the drop in stocks and Treasuries, but discounts tightened in all but 3 sectors. Saba is in a fight with ASA Gold & Precious Metals CEF, which has adopted a rights offering to dilute Saba.

CEF Weekly Review: Saba Takes The Gloves Off

Our interview explores investing in gold and understanding the different investment options and approaches available to investors with a deep dive into small gold mining companies.

Mining The Gold Marketplace For Unique Opportunities

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ASA Gold and Precious Metals provides exposure to difficult-to-access gold miners at a discount.

ASA Gold and Precious Metals: A Golden Opportunity Lost Its Luster

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (“Saba” or “we”), which manages certain investment funds that together beneficially own 16.9% of the outstanding shares of ASA Gold and Precious Metals Limited (“ASA” or the “Company”) (NYSE: ASA), today announced that it has filed a lawsuit in the United States District Court for the Southern District of New York (the “Court”) against ASA and each member of its Board of Directors (Mary Joan Hoene, Bruce Hansen, William Donovan, Axel Merk.

Saba Capital Files Lawsuit Against ASA Gold and Precious Metals and its Board of Directors Over Unlawful Shareholder Rights Plan

ASA Gold and Precious Metals Limited is a closed-end fund that focuses on investing in gold miners and precious metals mining companies. The fund's yield is much lower than that of most closed-end funds, at only 0.15%. Gold has not been performing well in the current high interest-rate environment, but the fund could still be a good way to hedge against the financial condition of the US government.

ASA Gold and Precious Metals: Add Gold To Your Portfolio As A Hedge Against Financial Stress

Since fall 2022, the inflation rate has slowed but remains a significant issue as interest rates stand over 5% and geopolitical tensions remain heightened. Merk Investments President, Chief Investment Officer & Portfolio Manager Axel Merk and Vice President & Portfolio Manager Peter Maletis share views on the impacts of inflation and interest rates. Outlook and opportunities in the U.S. and global economies, and on gold, precious metals, and minerals going into 2024.

CEF Insights: Merk Investments On Gold, Precious Metals And Minerals Going Into 2024

ASA: This Gold Fund Can Maintain The Purchasing Power Of Your Wealth.

ASA: This Gold Fund Can Maintain The Purchasing Power Of Your Wealth

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For the second consecutive month, equity CEFs (-0.26%) on average witnessed negative performance while their fixed income CEF cohorts (+0.87%) posted gains for the second month in three. At month end, 13% of all CEFs traded at a premium to their NAV, with 18% of equity CEFs and 9% of fixed income CEFs trading in premium territory.

The Month In Closed-End Funds: March 2023

PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (the “Company”) (NYSE: ASA) declared a distribution of $0.01 per common share of the Company. The distribution is payable on May 18, 2023 to shareholders of record as of the close of business on May 8, 2023. This distribution will be paid from undistributed realized gains. The Company has paid uninterrupted distributions since 1959.

ASA Gold and Precious Metals Limited Announces Distribution Declaration and Results of Vote at Annual General Meeting

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For the second month in three, equity CEFs (-2.68% on a NAV basis) on average witnessed negative performance. While their fixed income CEF cohorts (-1.79%) posted losses, also for the second month in three.

The Month In Closed-End Funds: February 2023

Gold is on the rise, driven by strong and compelling macroeconomic and geopolitical factors. Investors should consider ASA Gold and Precious Metals Limited, as this asset management company has a high beta gold.

Why ASA Gold and Precious Metals Could Perform Well

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For the first month in three, equity CEFs (-3.12% on a NAV basis) on average witnessed negative performance. While their fixed income CEF cohorts (-0.28%) posted losses for the fourth month in five.

The Month In Closed-End Funds: December 2022

PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (the “Company”) (NYSE: ASA) announced that Mr. Alexander (Axel) G. Merk has been appointed by the Board, on the recommendation of the Company's Nominating, Audit and Ethics Committee, to serve as a Director until the 2023 Annual General Meeting of Shareholders. Mr. Merk, age 53, is the founder, President, and Chief Investment Officer of Merk Investments LLC (“Merk Investments”), which serves as the investment adviser to the

ASA Gold and Precious Metals Limited Announces Appointment of Director Alexander G. Merk and Distribution Declaration

The US and global economies, as well as expectations for 2022.

News for ASA Gold and Precious Metals Ltd ETF (ASA)