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
***
Related Posts
-
AT&T and BT Group Added to the SMA PortfolioWeakness in the telecom sector, along with rising interest...
- May 18, 2018
-
Mary Ann Bartels Explains The Thesis of the Secular BullMary Ann Bartels, CIO at Bank of America -...
- January 7, 2018
-
Jeff Saut Bullish on Prospects for Stocks in 2018Jeff Saut, chief investment strategist at Raymond James, was...
- December 30, 2017
-
Is the Retirement Crisis Really a Crisis?PBS Frontline recently presented a documentary called “The Retirement...
- April 25, 2013
-
Alarming Chart of the Stock Markets of 1987 and 2012-2013Several days ago I posted a chart showing the...
- May 22, 2013
-
Gary Shilling’s Favorite Investment: 30 Year Treasuries
Larry Kudlow interviewed Gary Shilling last week. Shilling continues...
- June 23, 2011
