Dr. Tiemann wanders into the bizarre world of closed-end funds to answer the curious question of why these fickle investments so often are found to be trading in the market at a discount to their underlying portfolio value, even in investment categories where there are perfectly good alternatives available.
Topics & Details
- Tags - Burton Malkiel, Closed End Funds, First Trust/Aberdeen Global Opportunity Income Fund, Investment Company Act of 1940, Stephen A. Ross
- Categories - Investing, Junk Bond Funds, Management, Markets, Mutual Funds, NAV - Net Assest Value, Notes
- Download the PDF: - "Hidden Costs of Investing: Closed End Funds"
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