Boulder Growth & Income Fund Inc. (NYSE:BIF)

CAPS Rating: No stars

Closed-end diversified management investment company.

Results 1 - 16 of 16

Recs

0
Member Avatar jasenj1 (34.23) Submitted: 4/25/2011 10:42:35 AM : Outperform Start Price: $5.90 BIF Score: +2.47

Trying a closed end fund (CEF). %16+ discount to NAV at the moment. If they reinstate a dividend, could see a pop.

Recs

2
Member Avatar AllStarPortfolio (22.19) Submitted: 1/25/2010 10:12:14 AM : Outperform Start Price: $5.19 BIF Score: -8.18

January 21, 2010 at 12:52 PM, jlmjlm77 (99.86) wrote:

I would like to add a new pick: Similar to my prior pick NFJ, I still like the many closed end mutual funds that are selling at discounts to net asset value - the new pick is BIF - don't be fooled by its one-star status:

BIF is currently my favorite long-term investment (I hold shares in my retirement plan).

Seems like a relatively conservative portfolio, selling at a decent discount from NAV in the past sold at a at a premium. Also inside buying last summer. More info at:

http://www.cefconnect.com/Details/Summary.aspx?ticker=BIF

I don't believe the recent move in BRK/B has been fully recognized. This assumes the fund still has near 25% invested with them.

Looks like a conservative portfolio:

Top Holdings
As of 5/31/2009 reported by fund sponsor
Holding Value %Portfolio
Berkshire Hathaway Inc. A $42.68M 24.66%
United States Treasury Bills 0.110% 0.11 $24.99M 14.44%
United States Treasury Bills 0.120% 0.12 $24.99M 14.44%
Wal-Mart Stores, Inc. $11.93M 6.90%
Advent/Claymore Glb Convertible Sec&Inc $5.58M 3.23%
Johnson & Johnson $5.51M 3.19%
Ithan Creek Partners, L.P. $5.18M 2.99%
Heineken N.V. $4.73M 2.73%
Cohen& Steers Reit And Utility Income Fu $3.31M 1.91%
Dreyfus Treasury Cash Management Money M 0.12 $3.14M 1.82%

Solaris, thank you for working on this portfolio:

Recs

1
Member Avatar swestdawg (45.66) Submitted: 10/15/2009 2:22:07 AM : Outperform Start Price: $4.86 BIF Score: +1.49

This is probably one of the best kept secrects out there. This fund holds its value, and yielding a healthy div. It does have wild swings which will apeal to conservative investors

Recs

0
Member Avatar jlmjlm77 (99.43) Submitted: 8/10/2009 9:31:14 AM : Outperform Start Price: $4.82 BIF Score: -11.39

Inside buying

Recs

1
Member Avatar Beebzer (91.02) Submitted: 5/20/2009 1:34:08 AM : Outperform Start Price: $3.92 BIF Score: +9.36

Building a portfolio based on insider cluster buys.

Recs

0
Member Avatar thatworks4me (< 20) Submitted: 6/3/2008 4:18:37 PM : Outperform Start Price: $6.84 BIF Score: -17.59

Long standing fund, high dividends. A great long term investment especially if you reinvest monthly dividends!

Recs

0
Member Avatar flatbedfrank (86.64) Submitted: 5/12/2008 8:59:11 PM : Outperform Start Price: $6.90 BIF Score: -16.16

Hice div.

Recs

0
Member Avatar TEsoccerDad (61.37) Submitted: 4/5/2008 1:06:11 PM : Outperform Start Price: $7.03 BIF Score: -20.91

Great income stock, excellent yield. Accumulate.

Recs

1
Member Avatar jbadragon (84.32) Submitted: 9/26/2007 10:00:31 AM : Outperform Start Price: $7.16 BIF Score: -11.31

Good Closed-End Fund. Dividend over 14%. Good Income Stock

Recs

0
Member Avatar cdrblm (< 20) Submitted: 8/3/2007 3:57:07 PM : Outperform Start Price: $6.97 BIF Score: -16.48

This stock's dividend tax advantage for senior's is not widely known. When you consider that most of the dividend is a return of capital (which effectively is an early non-taxable payment of future long term cap gains) which must be deducted from the cost basis. When the senior passes the stock to his or her heirs, there is no cap gains due. Another example is that in 2009 the Medicare Part B premium will be figured on your AGI plus Tax Exempt interest from 2007. Anything over 200K will get you a Part B premium of $400 a month each. Do the Math! A return of capital is not reportable or taxable. Of course, it also requires that the managers of the fund do a halfway decent job of keeping the NAV up and/or increasing.

Recs

0
Member Avatar bigcatbrand (56.65) Submitted: 6/10/2007 1:16:45 AM : Outperform Start Price: $8.04 BIF Score: -26.43

Real Estate investment

Recs

0
Member Avatar Hamburgesa (98.62) Submitted: 5/21/2007 10:20:53 AM : Underperform Start Price: $7.89 BIF Score: +23.84

YEP.

Recs

0
Member Avatar wildjaybird (< 20) Submitted: 4/18/2007 3:03:02 PM : Outperform Start Price: $10.00 BIF Score: -50.33

TRADEABLE, MAX YEALD, GLOBAL, GOING AND GROWING.

Recs

0
Member Avatar woodstock9599 (< 20) Submitted: 2/13/2007 10:47:00 AM : Outperform Start Price: $7.94 BIF Score: -31.98

Great div.

Recs

0
Member Avatar plxs (< 20) Submitted: 12/6/2006 10:30:35 PM : Outperform Start Price: $6.58 BIF Score: -11.85

Closed ETF

Recs

2
Member Avatar HooliganJ (99.32) Submitted: 12/5/2006 1:39:41 PM : Underperform Start Price: $6.58 BIF Score: +19.91

When the sweet return of capitol payments stop look out below

Results 1 - 16 of 16

Featured Broker Partners


Advertisement