BIF - Closed-End Funds: 5 Funds Trading At A Wide Discount
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. I chose to narrow the search even further by only selecting funds that invest in equities, have a market capitalization of greater than $300 million, and offer monthly distributions. Apart from the high yields that CEFs offer, the monthly paying distributions are very attractive as well in these types of securities. Interesting enough