CET

Central Securities Corporation operates as a closed-end management investment company, focusing on long-term capital growth through investments primarily in undervalued equity securities. The company employs a non-diversified investment strategy, holding a limited number of companies and maintaining a portion of its assets in cash and cash equivalents. Central Securities pays out substantially all net investment income and realized capital gains to shareholders, typically through two annual distributions. It invests across various market capitalizations and is not restricted to specific types of securities.