CEF Weekly Review: Municipal Funds Rule [View article]
Where do the equity buy/write funds fall under in the Claymore CEF Index? I think there should be a separate category for them considering how many there are. I count at least 30.
CEF Volume Trends May Portend Their Appreciation [View article]
Many equity, non-leveraged, high yield CEF's I see are at hefty premiums already, not discounts. Smarter to buy a correlating ETF and use a similar strategy such as covered-calls yourself. Eliminate 100 bps in fees, achieve a higher yield and have better control. Small investor's are at the mercy of the institutional fund holders and market makers when they decide to take these funds back to a discount.
On Jun 27 01:26 PM esanto2 wrote:
> As baby boomers retire the demographics favor CEF's. The NAV's are > generally still at hefty discounts to their share prices and as more > investors seek income and underlying asset values continue to increase > as the market recovers, CEF's will trade at premiums....Not discounts.
CEF Volume Trends May Portend Their Appreciation [View article]
Author is just talking his book. CEF's are in bubble mode currently. All time high premiums on many I follow as small investors chase yield in tough times. Contrarian indicator?
CEF Weekly Review: Municipal Funds Rule [View article]
CEF Volume Trends May Portend Their Appreciation [View article]
On Jun 27 01:26 PM esanto2 wrote:
> As baby boomers retire the demographics favor CEF's. The NAV's are
> generally still at hefty discounts to their share prices and as more
> investors seek income and underlying asset values continue to increase
> as the market recovers, CEF's will trade at premiums....Not discounts.
CEF Volume Trends May Portend Their Appreciation [View article]