BIF - Evaluating CEFs:  A Look At BIF

• BIF let's you buy BRK.B at a 15% or more discount.
• I continue a series where I examine CEFs beyond the yield with a look at BIF that started in 2015 from a merger of several similar funds.
• With a NAV that's 28.5% higher than 5 years ago, the distribution appears well supported.
• Since a Do-it-yourself version of the fund does better, and the yield is moderate, there are better places for investors to put their money.

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