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Are Closed-End Funds Getting Hot Again?
Thursday, April 18, 2019 - 3:51pm | 663Long before the rise of exchange-traded funds, closed-end funds were mutual funds that traded on exchanges alongside stocks. In fact, CEFs date back all the way to the late 19th century. CEFs are similar to ETFs in many ways, but there are several key differences. What's A Closed-End...
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Why Do Closed-End Funds Trade At Discounts Or Premiums To Their Net Asset Values?
Saturday, October 21, 2017 - 9:18am | 897The concept of a portfolio arose out of the desire to diversify investments and, in the process, minimize risk. One of the several avenues to invest in a portfolio is through a closed-end fund, or CEF. In this educational piece, Benzinga set out to clarify for investors the rationale behind a CEF...
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The Bulldogs Of Closed-End Fund Investing
Monday, March 21, 2016 - 3:59pm | 1575Last week, I had a chance to spend some time chatting with Rajeev Das, Head Trader and a principal at Bulldog Investors. Bulldog is one of the leading firms in the fascinating and potentially lucrative closed-end fund activism business. I have long been a fan of buying discounted closed-end funds...
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YieldShares CEO Christian Magoon On Investing In Closed-End Funds Through An ETF
Friday, May 29, 2015 - 11:22am | 1171“So, real simple, it's kind of like a decathlon of three events,” said YieldShares founder and CEO Christian Magoon, discussing the strategy the company uses to evaluate closed-end funds for its signature YieldShares High Income ETF Exchange Traded Concepts Trust (NYSE: YYY)....
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Closed-End Fund ETFs Follow High-Yield Bond Path
Thursday, May 14, 2015 - 4:03pm | 585Income investors are always hungry for new high-yield opportunities and one small corner of the marketplace that seeks to fill that demand is closed-end funds (CEFs). A closed-end fund is different from a traditional mutual fund or ETF in that it has a fixed number of shares (similar to an...