Published on 19 Jun 2024 on ETF Trends · via Yahoo Finance
ETFs of Closed-End Funds: Unexpected Growth Opportunities
This article was originally published on ETFTrends.com.
For income-seeking investors, closed-end funds (CEFs) offer relatively high distributions and the potential to buy these shares at a discount to the fund’s NAV. But these are lesser known fund structures. So many advisors and investors unfamiliar with CEFs may opt to invest in them through a familiar wrapper like ETFs.