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One of the best reasons (and probably main for many investors) to own a closed-end fund is because they pay out larger than typical distributions. They also often pay out these distributions every month. Therefore, retirees and those with an income focus would naturally be drawn to these types of investments. Today I wanted to look at several of our funds that are held at the CEF/ETF Income Laboratory that pay during the middle of the month. This mid-month payment might help smooth a retiree's income for