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Unlike ETFs, which always trade very close to par value, CEFs can (and regularly do) trade at different values on the market in relation to their underlying portfolios—a measure called the discount to net asset value (NAV).—Michael Foster, Forbes, 18 Mar. 2025 If this discount is less than 0.25% of the par value, multiplied by the number of years to maturity, then the discount is taxed like a capital gain .—Darla Mercado, Cfp®, CNBC, 11 Feb. 2025 The de minimis rule When investors buy municipal bonds at a discount to their par value – the amount that the issuer will repay at maturity – tax consequences may arise.—Darla Mercado, Cfp®, CNBC, 11 Feb. 2025 The original data was derived from the Green Dot Corporation Class A $0.001 par value quarterly 10-Q report dated November 8, 2024.—Quartz Bot, Quartz, 8 Nov. 2024 Such products trade on exchanges like equities but have par values and pay income like bonds.—Weizhen Tan, CNBC, 1 Oct. 2024 The face value is also referred to as the par value or the principal.—Chris Taylor, wsj.com, 7 Nov. 2023 That’s an 83% discount from par value.—Kenneth Rapoza, Forbes, 11 Oct. 2022 While that is factually correct, the reality is that at any time prior to maturity the bond will have a price set by the market, and that price may be substantially higher or lower than the par value.—Gene A. Grant Ii, Forbes, 25 Jan. 2023
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