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 ...

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 ...

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 ...

As we finished off near highs in the broader market, closed-end fund discounts remained ... Highland Global Allocation Fund, traded MidWave common stock at a price that was significantly higher ...

PIMCO recently cut the dividends of two of its popular closed-end funds (CEFs). Shareholders took a bath, but none of this ...

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 ...

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 ...

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 ...

As part of the deal, BlackRock agreed to repurchase a big chunk of the shares in two of its largest closed-end funds at a price close to their net asset values — 50% of outstanding shares in the ...

Closed-end funds (CEFs). They're similar to exchange ... some or all of them could also increase their distributions. Second, the share prices of these CEFs could be volatile.

(Bloomberg) -- BlackRock Inc. stuck agreements with Boaz Weinstein’s Saba Capital Management that will end the activist-hedge fund’s battle with BlackRock over dozens of closed-end funds whose ...