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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...