Visit: Town Hall, 100 East Main Street, Christiansburg, VA. Champaign County Utilities. Create a Website Account - Manage notification subscriptions, save form progress and more. I am not receiving compensation for it (other than from Seeking Alpha). You may also pay with an eCheck. Copyright 2022 WDBJ. I write articles as part of my own due diligence on the stocks that I find interesting, for one reason or another.Follow me on twitter for my thoughts on macro trends. Forms & Applications | Christiansburg, VA - Official Website You can pick up a physical copy of our Welcome Guide at Town Hall. Mr. Gabelli was inducted to Barron's 'All Century Team' in 2000 and has won numerous fund manager of the year awards over the decades he has been in the business. For example, the Cohen & Steers Infrastructure Fund (UTF) pays an 8.0% distribution yield, but is trading at NAV. The Town does not provide the following services. Important utilities contacts for doing business in Champaign County, Ohio. Christiansburg has a new software that will allow people to pay these bills online with no added fees. Wassertrdingen, Ansbach district, Bavaria, Germany - City, Town and Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". All rights reserved. The Gabelli Utility Trust (GUT) fund is trading at a 113% premium to its net asset value (NAV), despite only delivering a 6.7% average annual return over 10 years. Before that, I was a hedge fund analyst/portfolio manager at a leading Canadian alternative asset manager. You may also pay with an eCheck. Fox News agreed to pay $12 million to a former producer to settle lawsuits claiming she endured sexist behavior while at the network and was coerced to give misleading answers in a deposition by . Photographer: Jakub Porzycki/NurPhoto/Getty Images. The $44 mil. The Town of Christiansburg accepts . Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. I wrote a recent update on the UTF fund here. Register your child at the school he or she will attend. More than 60 billion ($76.4 billion) of debt built up by the water utilities. Wall Street Soothsayers AreBewildered About Whats Next, Yellen Says US-China Ties on Surer Footing After Trip, CEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish Startup, Chinas Flood of Plastic, Yellen Departs: Sunday Asia Briefing. Save time and pay your utility bill online! The Aquatic Center offers discounted fees for town residents. Christiansburg is the place to be for recreation! Information on the people and the population of Wassertrdingen. 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The GUT fund currently has $314 million in net assets and charged a 1.54% net expense ratio after fee waivers in 2022, according to the fund's annual report. Wassertrdingen in Bavaria, Deutschland Another benefit to being a Christiansburg resident is free membership to the Christiansburg Recreation Center. Bloomberg Business of Sports lets you follow the money in the world of sports, reporting on trades, salaries, endorsements, contracts and collective bargaining. If you do not wish to use online bill pay, please remember that utility payments can also be paid in person at Town Hall, 100 E. Main Street, or mailed to Town of Christiansburg c/o Treasurer, Skip to content SmartSavingBill Figure 3 - GUT sector allocation (GUT 2022 annual report). The Gabelli Utility Trust (GUT) fund is trading at a 113% premium to its net asset value (NAV), despite only delivering a 6.7% average annual return over 10 years. Check out the great programs with Parks and Recreation and dont forget to take advantage of our state-of-the-art Aquatic Center. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Sign up to receive notifications for emergencies. Find all the information of Wassertrdingen or click on the section of your choice in the left menu. Geographic Information regarding City of Wassertrdingen. Town of Christiansburg 100 E Main Street Christiansburg, VA 24073 Phone: 540-382-6128; Fax: 540-382-7338 Government Websites by CivicPlus Citizens Alerts Sign up to receive notifications for emergencies. Christiansburg encourages online bill pay, Powerball jackpot climbs to estimated $650 million, Nelson County community celebrates Earl Hamner Jr. & Jimmy Fortune Day, Birthday Celebration Held for Kingston Campbell, Bridging the Great Health Divide Across the US, pay real estate and personal property taxes online, PublicFileAccess@wdbj7.com - (540) 344-7000. Investors are advised to consider alternative utility-focused closed-end funds, such as the Cohen & Steers Infrastructure Fund, which offers a more sustainable 8.0% distribution yield. Figure 9 - UTF historical returns (morningstar.com). The Town of Christiansburg accepts payments using Visa, MasterCard or Discover. Please note that you must be a Town of Christiansburg utility customer to sign up for solid waste collection. But there is only one . Grossberg, who worked as a producer for Maria Bartiromos Sunday morning business show, alleged that she was not promoted to executive producer because she was a woman. Visit our Public Transportation page to find out more! Part of the reason I believe why investors are willing to pay such a high premium for the GUT fund is due to Mr. Gabelli's reputation. The Town of Christiansburg accepts payments using Visa, MasterCard or Discover. Since my article, the GLU fund has delivered -4.2% total returns, lagging far behind the market and justifying my caution (Figure 1). The GUT fund has about 2/3 of its assets invested in domestic U.S. equities, and 16.5% invested in foreign equities. However, while browsing through the Gabelli website, I came across the Gabelli Utility Trust (NYSE:GUT), and I felt compelled to write an article on the fund, as it trades at a 113% premium to NAV. christiansburg .org/payutility. Pay your utility bills at www.christiansburg.org/payutility. May 17, 2022by Admin Learn about how to pay your bill, how to set up auto payment, how to cancel account and contact customer support for christiansburg bill payby using the official links that we have provided below. Utility Rates | Christiansburg, VA - Official Website Inside-Town Water Rates Outside-Town Water Rates Associated Fees Stormwater Rates See the Stormwater Enterprise Fund page for more details The monthly solid waste fee pays for curbside garbage collection every week and curbside recycling collection every other week. However, you may find more information on local area providers here: Schools Christiansburg is part of the Montgomery County School System. . Utility Services | Christiansburg, VA - Official Website https://www.christiansburg.org/883/Utility-Services The GUT fund has delivered 3/5/10/15Yr average annual returns on NAV of 9.2%/5.3%/6.7%/7.3% respectively to June 30, 2023 (Figure 4). Please. Figure 2 - GUT asset allocation (morningstar.com). Pay Utility Bill Easily pay online . But there is only one that really matters: how much will it cost to fix the system. Entering text into the input field will update the search result below. Established in 1792, the Christiansburg Water Department purchase water from NRV Regional Water Authority (NRVRWA). The Christiansburg Water Department provides water for about 22,000 living in the Christiansburg area, Virginia. The Town of Christiansburg accepts payments using Visa, MasterCard or Discover. Attend a meeting or, Check out local attractions, restaurants and hotels with our. If you do not wish to use online bill pay, please remember that utility payments can also be paid in person at Town Hall, 100 E. https://utilitybilling.christiansburg.org/ CustomerWeb : Login - Christiansburg Welcome to Christiansburg! Here are all the details of Wassertrdingen available below. The Town of Christiansburg accepts payments using Visa, MasterCard or Discover. NAV returns for the GUT fund has also been solid, if unspectacular. If you do not wish to use online bill pay, please remember that utility payments can also be paid in person at Town Hall, 100 E. Main Street, or mailed to Town of Christiansburg c/o Treasurer, 100 E. Main St., Christiansburg, VA 24073. /Germany--Bavaria--Ansbach-district--Wassertrdingen#info, /Germany--Bavaria--Ansbach-district--Wassertrdingen#adm, /Germany--Bavaria--Ansbach-district--Wassertrdingen#contact, /Germany--Bavaria--Ansbach-district--Wassertrdingen#demo, /Germany--Bavaria--Ansbach-district--Wassertrdingen#geo, /Germany--Bavaria--Ansbach-district--Wassertrdingen#dist1, /Germany--Bavaria--Ansbach-district--Wassertrdingen#map, /Germany--Bavaria--Ansbach-district--Wassertrdingen#dist2, /Germany--Bavaria--Ansbach-district--Wassertrdingen#twintown, /Germany--Bavaria--Ansbach-district--Wassertrdingen#hour, /Germany--Bavaria--Ansbach-district--Wassertrdingen#weather, /Germany--Bavaria--Ansbach-district--Wassertrdingen#sun, /Germany--Bavaria--Ansbach-district--Wassertrdingen#hotel, /Germany--Bavaria--Ansbach-district--Wassertrdingen#around, /Germany--Bavaria--Ansbach-district--Wassertrdingen#page, Stdte und Gemeinden in Deutschland : Wassertrdingen, Oceanic climate (Kppen climate classification: Cfb), Copyright 2023 DB-City - All rights reserved. Payments are free with a linked bank account. Rates & Fees | Christiansburg, VA - Official Website The answer is via NAV amortizing return of capital ("ROC") (Figure 6). Inside-Town Water Rates. The Gabelli Utility Trust is a utility and infrastructure asset focused CEF that pays an attractive 8.7% forward yield. Britain Faces a Giant Water Bill, And Nobody Wants to Pay It The Town of Christiansburg accepts payments using Visa, MasterCard or Discover. It is between the Hesselberg, the only Franconian mountain with a view on the Alps, the wooded heights of the Oettinger Forest and the foothills of the Hahnenkamm. Analysts Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. - Manage notification subscriptions, save form progress and more. Macrotips is right on target with this article - I'm short GUT, and in the article I was writing along similar lines to Macrotips's aritice I would have focused on the $44 million common dividends that GUT pays annually. Dayton Power & Light 800-433-8500; Pioneer Rural Electric 937-653-7202; Gas. Figure 6 - GUT's distribution is funded from ROC (GUT 2022 annual report). / Pay / Water/Sewer Payment options PSA office - Pay in person Treasurer's Office (first floor): Montgomery County Government Center 755 Roanoke St., Suite 1B Christiansburg, VA Monday - Friday, 9:00 a.m. to 5 p.m. Atlantic Union Bank (branches located in Montgomery County) The town of Christiansburg was later incorporated on January 7, 1833. Either that, or the fund will run out of NAV to distribute. Online bill pay requires the use of either your debit or credit card. Learn more about what's happening in town. The show takes listeners inside the business end of the sports world, and explains what it means to fans and their pocketbooks. The fund is liquidating its NAV to maintain an unsustainable 18.5% distribution yield, making a future distribution cut almost certain. Learn about doxo and how we protect users' payments. What is concerning is that based on the GUT fund's latest net asset value ("NAV") of $3.25 / share, the fund is yielding an incredible 18.5%. CHRISTIANSBURG, Va. (WDBJ) - The Town of Christiansburg is encouraging its residents to pay real estate and personal property taxes online this year. April 23, 2022 by Admin Learn about how to pay your bill, how to set up auto payment, how to cancel account and contact customer support for town of christiansburg pay utility bill by using the official links that we have provided below. Therefore, I wanted to revisit the Gabelli funds, to see if there are any trading opportunities there. Finally, the GUT fund does periodic 'rights offerings', allowing unitholders to subscribe for new shares at a 'discount' to market price (but still a huge premium to NAV!). Wassertrdingen Localisation : Country Germany, State Bavaria, District Ansbach district.Available Information : Postal address, Phone number, Fax number, Website, Email address, Mayor, Geographical coordinates, Population, Area, Altitude, Weather and Hotel.Nearby cities and villages : Rckingen, Auhausen and Unterschwaningen. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. You can still mail in a payment or pay in-person at Christiansburg Town Hall. Weblinks christiansburg.org Town of Christiansburg (VA) FAQ Useful Information for Town of Christiansburg (VA) Customers Phone Numbers Support Phone 540-382-1151 New Resident ServicesPlease note that customers must sign up for water/sewer utilities before 3 p.m. for same-day service. Looking for the best hiking trails in Wassertrdingen? One fifth of all water supplies lost to leaks. More than 60 billion ($76.4 billion) of debt built up by the water utilities. I told myself many years ago that I would buy this, if it drops.it never did. To report a factual error in this article. Christiansburg Bill Pay & Customer Service Sector-wise, the GUT fund is primarily invested in Electric Utilities and other infrastructure assets as designed. Weather forecast for the next coming days and current time of Wassertrdingen. Altentrdingen, Frnheim, Geilsheim, Obermgersheim, Reichenbach und . There was a period in the early 2000s when the fund paid $0.06 / month, according to CEFconnect.com (Figure 5). Our Welcome Guide will help answer most of your questions, from how to set up utilities to registering your car. Who wouldn't want to invest with a silver-haired maestro that has almost 60 years of investing experience? Reports & Publications The latest out . The fund is liquidating its NAV . A few months ago, I wrote a cautious article on the Gabelli Global Utility & Income Trust (GLU), warning that with poor returns and a high distribution yield, the GLU CEF is a classic example of an amortizing 'return of principal' fund. Utility Rates View the Town's solid waste collection, public utility tax, water and sewer rates. Columbia Gas Fox News to Pay $12 Million to Settle Ex-Producer's Lawsuits articles a month for anyone to read, even non-subscribers! Since my article, the GLU fund has delivered -4.2% total returns, lagging far behind the market and justifying my caution (Figure 1). Other payments may have a fee, which will be clearly displayed before checkout. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); How to Pay Nashville Electric Service Bill, How To Pay Peopleready Bill & Understanding Your Staffing Companys Bill Rate, Sleepys Credit Card Payment & Customer Service, How to Pay Bowling GreenState University Bill, How To Pay Your Dominion Energy Bill Money Services. The GUT fund may be the most overvalued CEF on the market today! Figure 7 - Large divergence between GUT's NAV and market price (morningstar.com). The Town of Christiansburg accepts payments using Visa, MasterCard or Discover. CustomerWeb : Login Wall Street Soothsayers AreBewildered About Whats Next, Yellen Says US-China Ties on Surer Footing After Trip, CEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish Startup, Chinas Flood of Plastic, Yellen Departs: Sunday Asia Briefing. Published: Oct. 19, 2022 at 1:41 PM PDT CHRISTIANSBURG, Va. (WDBJ) - The Town of Christiansburg is encouraging its residents to pay real estate and personal property taxes online this year.. A bird's-eye view of upcoming work zones and ongoing capital projects. The Frnkisches Seenland recreation area is 15 kilometers away. Beachandpool Ticket Price, Hours, Address and Reviews Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. The Montgomery-Floyd Regional Library system services the areas of Christiansburg, Blacksburg, Floyd and Meadowbrook. Wassertrdingen is a town in the district of Ansbach, Middle Franconia, Bavaria, Germany. Rates & Fees Tax Rates View a chart containing tax rates for the Town of Christiansburg. Sign up to receive notifications about the town. I rate the GUT fund a strong sell. Water/Sewer If you have questions that remain unanswered, give us a call in the Public Relations Office at 540-382-6128 or send an email to the town. There is no shortage of numbers to help tell the story of Britain's failing water industry. Welcome to Christiansburg! The GUT fund is lead managed by Mario Gabelli, an award-winning fund manager and founder of Gabelli Asset Management ("GAMCO"). You can pick up a physical copy of our Welcome Guide at Town Hall. Essentially, investors are just getting their own capital returned to them via the distribution. Christiansburg, VA - Official Website | Official Website New Residents | Christiansburg, VA - Official Website Pay your utility bills at www. The ability to pay online, do it quickly not have to come in not have to pay postage not a lot of people dont use physical checks anymore, Christiansburgs Director of Finance Valerie Tweedie said. Click Now to check the details! Pay Utility Bill Easily pay online. Christiansburg encourages online bill pay I'm glad there are no comments, meaning people here have a avoided this pig. I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. Solid waste collection service may be in place the day after a customer registers for collection if the location already has designated garbage and recycling carts. For example, at 2022's net investment income ("NII") rate of $0.08 / share and a distribution rate of $0.60 / share, the GUT fund needs to deplete NAV by ~$0.50 / year. However, if investors look underneath the hood, they will realize that the fund is trading at an incredible 113% of NAV, which means the actual yield on NAV is 18.5%. You may Easily pay online . At Gray, our journalists report, write, edit and produce the news content that informs the communities we serve. While I cannot predict when the GUT fund will cut its distribution, it is a near certainty that the fund's distribution will be cut in the future. But the GUT fund's NAV was actually just $4.27 in March 2022, so investors were actually paying a ~30% premium to NAV for the 'privilege' of getting their own money paid back through the fund's distribution. Our Welcome Guide will help answer most of your questions, from how to set up utilities to registering your car. How Do I? With solid, but unspectacular 10Yr average annual returns on NAV of 6.7%, the GUT is liquidating its NAV to fund its unsustainable yield. Want to contact the Administration of Wassertrdingen? Discover Christiansburgs past, present and future in our, Christiansburgs Town Council meets every second and fourth Tuesday of each month at Christiansburg Town Hall, 100 East Main Street. If you're a new resident, chances are, you have a few questions about how to set up your home here in town. Please disable your ad-blocker and refresh. Book your hotel room at the best price. Its something that the citizens have been wanting for a long time, is more technology available. The technology is here, but politics may stand in the way. You may also pay with an eCheck. Enjoy hand-curated trail maps, along with reviews and photos from nature lovers like you. Although the GUT fund's NAV has been in a straight-line decline since 2014, investors have been 'rewarding' the fund with an ever-increasing market price, presumably because the GUT fund has maintained its promise to pay $0.05 / month in distributions (Figure 7). Search for available job listings with the Town. If you do not wish to use online bill pay, please remember that utility payments can also be paid in person at Town Hall, 100 E. Main Street, or mailed to Town of Christiansburg c/o Treasurer, 100 E. Main St., Christiansburg, VA 24073. Start a Business . To determine the appropriate school(s), call 540-382-5100. Residents also have a number of options for out of town travel. Recently, I upgraded my view on the utility sector due to better relative valuations. The City of Wassertrdingen has international agreements with its different pairings. Call: 540-382-9519 Email: Email the Town (please include your account name and requested pickup location in your email) Find more information about solid waste collection, read more. Examining all things climate, ranging from the biggest environmental story of the moment and why it matters in a larger scale, to innovative solutions that can turn the tide. Please note that a $10 charge will be applied when a customer uses a credit card to make a payment over the phone. Opening & closing timings, parking options, restaurants nearby or what to see on your visit to BeachandPool? However, where I start to have concerns is with respect to GUT's distribution. Whether you're getting ready to hike, bike, trail run, or explore other outdoor activities, AllTrails has 3 scenic trails in the Wassertrdingen area. The cost to fix the water industry is expected to run to hundreds of billionsof pounds and is almost certain to fall on households. Christiansburg Bill Pay The GUT fund was spun out of the flagship Gabelli Equity Trust in 1999. Forms | Christiansburg, VA - Official Website If the location is new to solid waste collection with the Town of Christiansburg, service may take up to a week to begin. Figure 4 - GUT historical returns (morningstar.com). While the GUT fund can maintain its distribution for months, if not years as long as it has assets to liquidate or can sell new shares to the market, at some point, the fund reaches a tipping point where it simply cannot continue to pay out the same distribution rate. Overall, I see nothing unusual about the fund's holdings, it looks like a well-diversified utilities fund. Parents should enroll school-age children as soon as they arrive in Christiansburg. I have no business relationship with any company whose stock is mentioned in this article. Wassertrdingen Postal address: Postfach 1146 91714 Wassertrdingen Deutschland: Wassertrdingen Phone: 09832 68220 International: +49 9832 68220: Wassertrdingen Civic centre fax number GUT: Pay A Dollar For 50 Cents (NYSE:GUT) With long-term average annual returns of 8.6% over 10 years, the UTF's distribution appears much more sustainable (Figure 9). Save my name, email, and website in this browser for the next time I comment. As the GUT fund ran out of realized gains in 2019, the fund has switched to fund its $0.60 / year distribution with $0.60 in ROC in 2020, $0.51 in 2021, and $0.49 in 2022. Our team has selected for you a list of hotel in Wassertrdingen classified by value for money. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Public Transportation System If youre looking to get around town or to nearby Blacksburg, Blacksburg Transit offers routes to, from and throughout Christiansburg. But inevitably, NAV will go to zero at the current pace, and the game will end. Christiansburg Utility Bill Pay & Customer Service If you do not wish to use online bill pay, please remember that utility payments can also be paid in person at Town Hall, 100 E. Main Street, or mailed to Town of Christiansburg c/o Treasurer, 100 E. Main St., Christiansburg, VA 24073. Figure 2 show the asset allocation of the GUT fund as of March 31, 2023. There is no shortage of numbers to help tell the story of Britains failing water industry. How can the fund pay out an 18.5% of NAV yield? Champaign County Utilities Check out some trails with historic sights or adventure through the nature areas surrounding . Although the GUT fund's performance has been solid, with 10Yr average annual return on NAV of 6.7%, it simply is not enough to fund its 18.5% of NAV distribution yield. Motor Vehicles Check out a listing of motor vehicle taxes. The Christiansburg Aquatic Center: where fun and fitness meet. Figure 8 - GUT fund trades at 113% premium to NAV (cefconnect.com). Village of Christiansburg 115 W. Second St. Christiansburg, OH 45389 937-857-9094; Electric. Specifically, the GUT fund pays a monthly distribution of $0.05 that has been set in place since 2010, with a forward yield of 8.7% on market price. https://utilitybilling.christiansburg.org/, You can also use your account to view detailed bill and consumption histories. Another reason is that the GUT fund has been consistently paying its $0.05 / month distribution through thick and thin, giving unitholders a sense of 'stability'. Utility Services | Christiansburg, VA - Official Website https://www.christiansburg.org/883/Utility-Services Best Hikes and Trails in Wassertrdingen | AllTrails Figure 3 shows the sector allocation of the fund as of December 31, 2022. Given the fund's $3.25 / unit in NAV, the current distribution rate may continue for a few more years. principal' fund. Fox News agreed to pay $12 million to a former producer to settle lawsuits claiming she endured sexist behavior while at the network and was coerced to give misleading answers in a deposition by Dominion Voting Systems Inc. Fox settled the two cases filed by Abby Grossberg, her lawyers said in a statement Friday. Town Of Christiansburg Bill Pay & Customer Service Pay your Town of Christiansburg (VA) bill Agendas & Minutes Learn more about what's happening in town.

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