The question is whether investors see this as a fund (in which case the discount to NAV is quite high) or as a holding company. A 30% discount to NAV is quite normal for a holding company as investors prefer to buy stocks directly. (e.g. look at the Porsche Automobil Holding SE, which has a 50% discount to the sum of its parts valuation).
This is different from a largecap like Porsche and also different from most other closed-end funds trading below NAV. Value8 has a more diversified holdings, pays dividends, has low overhead costs, and its holdings are probably undervalued. So, indirectly you can buy undervalued stocks at a discount of their market value.
The question is whether investors see this as a fund (in which case the discount to NAV is quite high) or as a holding company. A 30% discount to NAV is quite normal for a holding company as investors prefer to buy stocks directly. (e.g. look at the Porsche Automobil Holding SE, which has a 50% discount to the sum of its parts valuation).
This is different from a largecap like Porsche and also different from most other closed-end funds trading below NAV. Value8 has a more diversified holdings, pays dividends, has low overhead costs, and its holdings are probably undervalued. So, indirectly you can buy undervalued stocks at a discount of their market value.