Richard Kang1

Converting Closed-End Funds to ETFs: Has the Trend Begun?

FL: Speculation on the markets is fine but speculation on future CEF-ETF conversions is beyond difficult and in my opinion a rather pointless exercise. Unless you have idea of some form of arbitrage strategy where you take a position in the CEF and a simultaneous offsetting position in the underlyilng basket (or other strategy) but I don't see how this conversion can be used for an opportunistic trader.