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Author: renowriter100 Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35351  
Subject: Re: Closed End Bond Funds? Date: 6/14/2003 8:59 PM
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The corporate bond funds seem to pay a higher dividend rate than corporate bonds. What is the dark side of them?

Given the high expense ratios of most CEF, there is ony two ways to pull this off: (1) leverge or (2) differing bond quaity (e.g., comparing B rated bonds to AA rated).

renowriter
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