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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 ...
Today, we are comparing several closed-end funds ... to like MLP funds as they add another layer of tax obligations to the fund level instead of being a pass-through-regulated investment company ...
Investing involves risk and it is possible to lose money on any investment in the funds. For additional information, shareholders of the closed end fund may call Invesco at 800-341-2929.
The funds are closed-end investment products. Common shares of the funds are only available for purchase/sale on the NYSE at the current market price. Shares may trade at a discount to NAV.
Past performance is not indicative of future performance. An investment in closed-end funds is subject to investment risk, including the possible loss of the entire amount that you invest.
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 ...