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HFRO - 5 Best CEFs To Buy This Month (January 2020)
Highland Floating Rate Opportunities Fund
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 and acquired at reasonable price points.
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 broader market rally has continued into 2020. Following the market trend, closed-end funds, in general, have