What's a way to generate significant passive income that many investors don't know about? Closed-end funds (CEFs). They're similar to exchange-traded funds (ETFs) in that they tra ...
This recent mini-dip has not made the sector-at-large cheap by any means. Instead we should consider lesser-known closed-end ...
YYY's strategy focuses on CEFs trading at a discount to NAV, but this often exposes it to lackluster assets with weak ...
PIMCO recently cut the dividends of two of its popular closed-end funds (CEFs). Shareholders took a bath, but none of this ...
In return, Saba, a large owner in BlackRock's closed-end funds, agreed to stop its campaigns at dozens of BlackRock funds calling for fresh directors to be installed and for BlackRock to be fired as ...
Similar to stocks, Fund share prices fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a ...
The non-listed CEF market had a record year in 2024 with 50 funds launching and many more entering the SEC registration process,” stated Kimberly Flynn, the President of XAI. “Such robust growth is ...
PHILADELPHIA, PA / ACCESS Newswire / January 23, 2025 / abrdn Global Premier Properties Fund (NYSE:AWP) (the "Fund"), a closed-end fund, has announced that it filed with the U.S. Securities and ...
Once issued, common shares of closed-end funds are bought and sold in the open market through a stock exchange and frequently trade at prices lower than their net asset value. Net Asset Value (NAV ...
Saba has long criticized the gap between the assets held by closed-end funds and their share prices and wanted to install new directors and at some funds fire the manager. Closed-end funds ...