FMP
Sep 9, 2025 3:13 PM - Andrew Wynn
Image credit: Google Images
ASG, listed on the NYSE, is a company that focuses on providing income to its investors through a diversified growth strategy. It invests in small-, mid-, and large-cap equities, prioritizing income generation over capital appreciation. This strategy may limit long-term price growth, but it offers a high yield of 8.6%, making it attractive to income-focused investors.
On September 9, 2025, HALEY MARK T, the President of ASG, purchased 1,500 shares of common stock at $5.65 each. This transaction increased his total ownership to approximately 139,642 shares. The purchase price is slightly above the current trading price of $5.61, which reflects a decrease of 0.53% or $0.03.
ASG is trading at an 8.25% discount to its Net Asset Value (NAV), which is historically appealing. The stock's price today has fluctuated between $5.61 and $5.65. Over the past year, ASG's price has ranged from a high of $6.08 to a low of $4.01. This volatility is typical for a company with a market capitalization of approximately $347.6 million.
The fund's distributions are both tax-efficient and relatively reliable, although the payout amounts can vary. Most of ASG's returns come from distributions rather than an increase in share price. Today's trading volume for ASG is 49,644 shares, indicating active investor interest in the stock.
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