I have some idea of closed end funds and how they work. I’m familiar with the discount to NAV and the potential payouts being done by capital gains to mask underperformance of income.

I’m curious if anyone has tried buying a big old basket of them. I’m talking, buy 20 diff ones like CIK, GOF, CUBA, and sprinkle some IEP in for fun.

Do these funds move together or would this derisk a bit?

submitted by /u/wordbattleship
[link] [comments]


Go to Source of this post
Author Of this post: /u/wordbattleship
Title Of post: Asker of Closed End Funds
Author Link: {authorlink}

By admin