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A Poor Man's CEF Portfolio That Performs [View article]
Both of you had some great comments to make regarding this article. Stuff I was aware of (for the most part), but you articulated things very well. Personally, I tend to only use CEFs for the fixed income side of my portfolio, because debt analysis is NOT my strong suit (putting it charitably). As mentioned above, I look for funds selling at a discount to NAV, a 10+ year track record, and where I think I want to be portfolio-wise, from a macro standpoint (global sovereign debt, vs. HY, for example). Pretty simplistic, I know, but its worked for me