Some of the 482 funds in the Forbes Closed-End Fund Ratings are great buys. Most are dreadful places to put money. Here's how to distinguish the good from the bad:
are great buys. Most are dreadful places to put money. This article explains how to distinguish the good from the bad.
The closed-end format, which commands $220 billion of customer money, is a somewhat unusual beast in the wilds of Wall Street. Although this species of investment company is the most ancient, it has been eclipsed in market share by the open-end fund and, more recently, the exchange-traded fund. Mutual funds and ETFs allow capital to flow in and out. Closed-ends don’t. Their capital is frozen in place.
That discount is one of the elements of a cost analysis. A discount interacts with a cash payout from the fund to deliver an instant profit into your hands. What about a discounted fund that pays out nothing? That looks like a bargain, too, but it isn’t one. If you think a discount, all by itself, is a bonanza, you’re making a false analogy with other things for sale. A 17% discount on a sweater you were going to buy for $100 saves you $17. It doesn’t do you any good, though, to buy $100 worth of a portfolio for $83 if the discount is the same when you sell.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
How To Find Bargains In Closed-End FundsSome of the 482 funds in the Forbes Closed-End Fund Ratings are great buys. Most are dreadful places to put money. This article explains how to distinguish the good from the bad.
Weiterlesen »
Attorney general balks at closed-door testimony on Mueller findingsAttorney General William Barr objects to testifying before the House Judiciary C...
Weiterlesen »
Australian stocks set to open higher; Japan markets closed for 10-day holidayJapan is currently on a 10-day holiday from April 27 to May 6 to celebrate the enthronement of the country's Crown Prince Naruhito.
Weiterlesen »
Truck driver closed his eyes in fear moments before fatal Colorado pileup crashCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Weiterlesen »
Subway closed more than 1,000 stores in the United States last yearSubway, the world's largest fast-food chain, is struggling to adapt to more health-conscious, tech-savvy customers. So it's rapidly downsizing.
Weiterlesen »
POLITICO Playbook: What Trump is saying behind closed doors about the Democratic fieldThree Democratic presidential hopefuls grilled AG Bill Barr at yesterday's hearing. The consensus rankings from our Twitter feeds: 1. Kamala Harris 2. Amy Klobuchar 3. Cory Booker More in Playbook:
Weiterlesen »
CVS closing 46 stores: See the list of struggling locations to be closedCVS Health is closing 46 of its stores, saying the locations were 'underperforming.'
Weiterlesen »
A Popular Barre Company Suddenly Closed Its Studios After These Women Bought Classes. They Haven’t Gotten Their Money Back.“I felt like they would send out a promotion, people would buy them, and then they would close the studio.”
Weiterlesen »
SAS, unions close to deal to end pilot strike: reportsScandinavian airline SAS and unions are close to reaching a deal to end a pilot ...
Weiterlesen »
Senate fails to override Trump’s veto of resolution demanding end to U.S. involvement in YemenThe measure represented a bipartisan rebuke of the president’s continued embrace of Saudi Arabia, which leads the coalition targeting Iranian-backed rebels in Yemen.
Weiterlesen »
SAS lifted by reports of impending deal to end pilot strikeScandinavian airline SAS and unions are close to reaching a deal to end a week-l...
Weiterlesen »