Just got info from broker regarding a "corporate action" in Putnam
Premier Trust (PPT) in which they'll buy my shares at 98% of FMV
on July 12 (I have to decide by July 10 or so). For reasons that
escape me, the FMV is different (quote XPPTX) than the share price
of PPT.
What's going on here ? Good idea ? I bought PPT on Brewer's
mention, and it's performed pretty nicely since then !
Premier Trust (PPT) in which they'll buy my shares at 98% of FMV
on July 12 (I have to decide by July 10 or so). For reasons that
escape me, the FMV is different (quote XPPTX) than the share price
of PPT.
What's going on here ? Good idea ? I bought PPT on Brewer's
mention, and it's performed pretty nicely since then !