|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Investing/Strategies / Bonds & Fixed Income Investments |
||
|
URL:
http://boards.fool.com/closed-end-bond-funds-12493884.aspx
|
||
| Subject: Closed End Bond Funds | Date: 4/30/2000 9:29 PM | |
| Author: hunter431 | Number: 606 of 35224 | |
|
As a recent retiree, I have decided I need to put a portion of my assets into bonds. I notice that several closed end bond funds are selling at discounts to NAV that approach or even exceed 20%. This looks like an opportunity to obtain 120% of market rate returns at the risk that the discount will go even higher. Since I expect to hold for a long time, this looks like a good risk/return situation to me. The question is, "What am I missing here?". Looks too good to be true. Why aren't banks and insurance companies doing this? |
||
| Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||