The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools

URL:  http://boards.fool.com/the-strange-thing-about-a-closed-end-fund-is-that-14703703.aspx

Subject:  Re: Closed End Mutual Funds Date:  4/4/2001  10:20 PM
Author:  Latinus Number:  6479 of 19221

The strange thing about a closed end fund is that it will almost always trade at a discount to its NAV ! Wiser men than myself have attempted to answer this seemingly bizarre behavior.
-
"a closed end fund" Author: buy2win usually inserts a hyphen, but
many other posters fail to do so. Please write "closed-end fund".
-
"almost always" Not so; in Barron's you can find many CEFs that are
trading at a substantial premium, e.g. BHY at +31 percent. Why would
anyone buy BHY?

Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us