10 Closed-End Funds Trading at Large Discounts [View article]
Watch out for high expense ratios. Eg. EQS has 8.62% expense ratio and Management fees. Why would any body pay that kind of expense. You come after Fund expense if any thing is left.
MSP's discount is nowhere near 88%. It is just 12%. Expense ratio + management fee is 1.7%.
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Watch out for high expense ratios.
Jul 28 10:44 am
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All Comments by Ganesh Sastri »10 Closed-End Funds Trading at Large Discounts [View article]
Eg. EQS has 8.62% expense ratio and Management fees. Why would any body pay that kind of expense. You come after Fund expense if any thing is left.
MSP's discount is nowhere near 88%. It is just 12%. Expense ratio + management fee is 1.7%.