https://money.usnews.com/investing/funds/slideshows/best-paying-closed-end-funds7 best CEFs
Best Closed-End Funds of 2020
Barbara Friedberg
June 3, 2020, 4:02 PM CDT
Here are the best closed-end funds for income.
/Closed-end funds have been around for more than a hundred years. Today, they currently offer juicy yields. Shares of CEFs are traded on the open market. Like stocks, CEFs are offered at an initial public offering. They're invested in a portfolio of securities and managed by an investment firm. Unlike typical mutual funds, new money doesn't flow into these funds; the existing shares are bought and sold by investors. CEFs, similar to exchange-traded funds, invest in a variety of securities, such as stocks, bonds and alternative investments. CEFs can also sell at a premium or discount to their net asset value -- meaning you can essentially buy shares on sale. CEFs have a distribution rate, instead of a dividend rate, and this may consist of earnings, capital gains and return of principal. If you're considering a CEF, review its prospectus to understand how the yield is determined. Here are seven of the best closed-end funds for income across a variety of sectors/
Top-producing closed-end funds for investors:
-- The India Fund (IFN)
-- Voya Emerging Markets High Dividend Equity Fund (IHD)
-- Aberdeen Total Dynamic Dividend Fund (AOD)
-- BlackRock Taxable Municipal Bond Trust (BBN)
-- Hercules Capital (HTGC)
-- PIMCO High Income Fund (PHK)
-- BlackRock Core Bond Trust (BHK)
Comments
Anyone has good suggestions for low fee EM broad standings Cef
Thx
Imho We missed discount marks last wk march 2020