[9] A closed-end fund usually trades at a premium or discount to the market value of its assets (known as net asset value, or NAV). [5]: 340–341 In contrast, the price of an open-end fund...
A high-level overview of Matisse Discounted Closed-End Fund Strategy Inst (MDCEX) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.
Seeking Alpha opinion and analysis on closed-end fund investing. Click to read our extensive content on closed-end funds to better your investing.
CEFs have an underlying portfolio of securities. From this portfolio, a net asset value (NAV) can be derived [NAV = (assets − liabilities) ÷ shares outstanding]. The investment portfolio primarily, if not solely, comprises the assets. For leveraged CEFs, the leverage itself is the bulk of the liabilities. CEFs trade on an exchange. This means that they have a share price, which is set by the market. These 2 prices, the NAV and the share price, are rarely the same, and when they are, it's onl...
The BlackRock closed-end funds (the “Funds”) listed below announced today the adoption of discount management programs (the
Bloomberg the Company & Its Products · Bloomberg Terminal Demo Request · Bloomberg Anywhere Remote Login · Bloomberg Customer Support
Closed-end funds (CEFs) are incredible wealth generators, combining huge dividends, with the potential for stock-like price gains.
I recently wrote an article that was picked up in a press release about how many closed-end funds are trading at historically big discounts to their underlying value (net asset value), and how hist...
in closed-end funds that trade at a discount to their net asset value while hedging the... Top holdings include Morgan Stanley Emerging Markets Debt Fund Inc 8.33%, WESTERN ASSET HIGH INC...
A closed-end fund, legally known as a closed-end investment company, is one of three basic types of investment companies The two other types of investment companies are open-end funds (usually mutu...