Article By:
Tim Plaehn
Wednesday, August 12, 2020 9:09 AM EDT
CEFs attract new investors because many of them sport attractive yields and pay monthly dividends. Many don’t understand that these are funds that trade on the stock exchanges, and not shares of individual companies.
Steer Clear Of These Three Popular Closed-End Funds
I agree on $GUT, even Mario sold shares recently. Your missing the whole story on $CLM $CRF though and valuation is reasonable given the assets if you buy right. $ROC is attractive to tax sensitive investors as well.