Closed-End Fund Articles
Mar 24, 2016
Click here to access Sometimes Closed End Fund Mergers Work In Shareholder's Favor
My last two articles tried to explain what happens when a higher quality CEF (lower discount), gets acquired by a lower quality CEF (larger discount).
On March 22nd, shareholders of Nuveen approved the merger of three of their preferred funds. JTP and JHP will be merging into JPS.