Closed-End Fund Discounts Have Narrowed
By Barron Maestro on June 18, 2009
Brett Arends reports that discounts on closed-end funds have narrowed significantly; from a very abnormal 26% last fall to the current average of 4.5%. Thomas Herzfeld who specializes in finding attractive closed-end funds rates the following as having attractive discounts:
- Western Asset Emerging Markets Debt Fund (ESD)
- Morgan Stanley Global Opportunity Bond Fund (MGB)
- Delaware Investments Arizona Municipal Income Fund (VAZ)
- Clough Global Opportunity (GLO)
Source:
http://online.wsj.com/article/SB124483914774710847.html
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