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CHY - 5 Best CEFs To Buy For May 2019 (Income Series)
Calamos Convertible and High Income Fund
For income investors, closed-end funds, or CEFs, are an attractive class of asset that promises high income generally in the range of 6%-10%, broad diversification in terms of types of assets, and market matching total returns in the long term, if selected carefully.
However, CEFs come with their own set of risks and challenges that investors should be aware of. We list various risk factors at the end of this article.
For regular stocks, we can use several well-known metrics to figure out if the stock was overvalued or undervalued at a given time, even