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Investors who are looking at alternative ways to generate high-income in a rising interest rate environment may consider an ETF strategy that tracks yield-producing closed-end funds. On the recent ...
Closed-end funds (CEFs) provide both, reducing the risk of slower or even negative returns if this year proves to look more like 2018 than 2019.While mutual funds and exchange-traded funds (ETFs ...
The Total Dynamic Dividend Fund from Abrdn aims for high current dividend income primarily, and long-term growth of capital secondarily. ... Closed-end funds can be a good choice for diversifying ...
Here are the best closed-end funds for income. Closed-end funds have been around for more than a hundred years. Today, they currently offer juicy yields. Shares of CEFs are traded on the open market.
Closed-end funds are traded on exchanges, and in that respect they are like exchange-traded funds (ETFs), but there are important differences between these two kinds of security. The price of a closed-end fund's shares is completely determined by investor demand, and this price often diverges substantially from the NAV of the fund assets.
The Illusion of High Yield Many closed-end funds have attractive yields, but can be confusing, says Patrick Galley, chief investment officer with RiverNorth Capital Management. These attractive ...
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