APF Tender Offer

[walt373]

Expiration: June 10

Tender price: 98% of NAV

Current discount to NAV: 10.87%

 

I don't see the docs on Edgar yet but I'm assuming it has odd lot since it always does.

 

http://finance.yahoo.com/news/morgan-stanley-asia-pacific-fund-203000790.html

[Hubris]

Looked at a tender they did last year. However with odd lots and the pro-rata distribution ur returns aren't that great. It might also be worth noting the number of previously tendered shares. If it were only that easy!

[walt373]

If you tender as an odd lot, you won't get prorated. It should be good for about $150 per account. I've done APF's tender offer three times in the past and it always goes smoothly.