BIF - Closed-End Funds: 5 Funds Trading At A Wide Discount (July 17 2018 Update)
Closed-end fund investors know that a good strategy when purchasing shares of CEFs is to choose funds that are currently trading at a discount. I used CEFconnect's fund screener to narrow in on some potential opportunities that may deserve a closer look. To further help narrow down potential funds worth a look, I added the following three criteria to narrow in on attractiveness:
- Funds invested primarily in equity holdings, this is attractive for longer-term investors as equities often offer superior returns over the long-term time horizon.
- Market capitalization of greater than $300 million, this offers