Closed-End Funds

  • “For a firm that eats, sleeps, and breathes discounted CEFs, this is the most compelling entry point we’ve seen in 15+ years,” Matisse’s Nik Torkelson, whose firm invests in and researches closed-end funds, wrote in a note.
  • Full Bloomberg articles here.
  • Interesting opportunities in closed-end funds as discounts have blown out. This is the case in the UK as well which has a large investment trust industry.
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