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Subject:  Barron's: bond CEF bargains Date:  9/7/2014  12:31 PM
Author:  aleax Number:  35367 of 36934 , or web search for "Savvy investors can find discounted closed-end funds" and click through the Barron's result to get a `free pass` to the article.

Randall Forsyth highlights three bond-focused closed end funds (CEFs) that strongly resemble mutual funds from the same respective companies (same strategies, assets, management teams), yet sell at big discounts (while at least one of the mutual funds has a big sales load).

AWF (yield 6.97% as of last close), GIM (3.69%) and TSI (5.23%) are each worth considering -- and correspond respectively to AGDAX (4.18%), TPINX (1.72%), MWTRX (1.83%). The CEFs' higher yields reflect their discount on NAV and don't even consider the mutual funds' high sales loads and other conditions such as minimum purchase size.

Of course when market opens you can expect the CEFs to trade up (being recommended by Barron's often has that effect!) but strong advantages wrt the corresponding mutual funds are likely to remain (and the "Barron's pop" usually dissipates over time, anyway).
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