They're getting there. Closed-end investment funds take it on the chin again, with the PIMCO High Income Fund (PHK -6.6%) leading. At $10.56, the fund no longer sports a ridiculous near-75% premium to NAV, but with NAV currently at $8.32, there remains a wide gulf.
: We are either at the apocolypse, or I am not sure I even need to work a day job any more with these returns.
ETF vs. ETF Alternatives
Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc is a closed-end investment company. It invests mainly in equity securities of telecommunications and infrastructure companies in emerging markets.