The Shocking Truth About 2025’s Top-Performing CEF
Michael Foster, Investment StrategistUpdated: July 25, 2025
Today we’re going to talk about a unique fund that’s soared 69.4% so far this year—but despite that huge run, it’s still not a buy.
That said, there is a route to a buy here that I think will surprise you.
So what’s the name of this high-flyer? ASA Gold and Precious Metals Ltd. (ASA). It doesn’t exactly roll off the tongue, and the fund itself isn’t very well-known.
The details: ASA has a bit more than $600 million in assets under management, making it small compared to most ETFs, CEFs’ more popular cousins. As you can likely tell from the name, ASA focuses on gold and other precious metals.… Read more