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For income investors, closed-end funds, or CEFs, are an attractive investment class that offers high income generally in the range of 6%-10%, broad diversification in terms of a variety of asset classes, 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.
The year 2019 has been quite volatile for the stocks thus far. From the panic of May and early June, markets had bounced