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Closed-End Fund Articles

A Different Set Of Traps For Yield Hogs

Sep 20, 2016
Click here to access A Different Set of Traps For Yield Hogs

CEFs are funds that in many ways look a lot like the ETFs we’ve all come to know and love. These are portfolios of securities in which you participate by purchasing shares on the stock exchange. Both are alternatives to the traditional open-end mutual funds, where instead of buying shares of an entity that holds the portfolio, you contribute to and withdraw directly from the portfolio itself. (The differences between ETFs and more traditional open-end mutual funds have been discussed extensively elsewhere and need not be rehashed here.)

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