Hold off on India

ISHARES S&P INDIA NIFTY 50 INDEX FUND $19.09 (Nasdaq symbol INDY; buy or sell through brokers; us.ishares.com) is an ETF that aims to track the S&P CNX Nifty Index, which represents the 50 largest, most liquid Indian securities. The stocks held by most emerging market… Read More

Closed-end switches…

ISHARES MSCI EMERGING MARKETS INDEX FUND $41.85 (New York symbol EEM) is a good subsititute for TEMPLETON EMERGING MARKETS FUND $19.70 (New York symbol EMF). Switch.

ISHARES MSCI SOUTH KOREA INDEX FUND $46.06 (New York symbol EWY) is a good replacement for KOREA FUND $34.16 (New… Read More

Pat, What is your opinion of Tata Motors? Thanks.

Tata Motors (ADR), $11.72, symbol TTM on New York (Shares outstanding: 479.7 million; Market cap: $5.6 billion), designs, makes and sells vehicles, including cars, trucks and buses, mainly in India. It also makes and sells related parts and accessories. Tata is based in Mumbai, India… Read More

INDIA FUND $26.02

INDIA FUND $26.02 (New York symbol IFN; Shares outstanding: 38.6 million; Market cap: $1.0 billion; CWA Rating: Aggressive) mainly invests in large-cap Indian stocks. Blackstone Group manages the fund.

India’s economy has grown by more than 9% annually over the last few years. The global recession… Read More

Further gains ahead for these closed-ends

Around the world, governments have increased spending in a bid to counter the recession. These efforts are now starting to show results. Global economic growth is resuming, and top-quality foreign stocks have rebounded.

Here are four closed-end funds that trade on the New York exchange at… Read More

Exercise your buying rights

INDIA FUND $31.48 (New York symbol IFN; Shares outstanding: 38.6 million; Market cap: $1.2 billion; CWA Rating: Aggressive) has issued one right to shareholders for each share they own.

The subscription price per share will be equal to 95% of the fund’s net asset value per… Read More

Hi Pat: I own some India Fund shares and have received notice that I will get 800 rights. What I don’t know is what this means, as I have not experienced it yet to date. Does it mean I just get these shares, or that I have to pay a certain amount, and if so how much? Could you enlighten me? Also, where do I go to find the current net asset value of the India Fund? Thanks.

India Fund, $32.04, symbol IFN on New York (Shares outstanding: 38.6 million; Market cap: $1.2 billion), has issued one right to shareholders for each share they own. The rights entitle the holder to subscribe for additional India Fund shares. Unless it is extended, the offer… Read More

Big jump for India Fund

INDIA FUND $28.91 (New York symbol IFN; Shares outstanding: 38.6 million; Market cap: $1.1 billion; CWA Rating: Aggressive) is up almost 40% since May 18, 2009. That’s when voters re-elected the Congress Party and its pro-business, pro-U.S. coalition.

India’s economy grew at a rate of 5.8%… Read More