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TY - FOF: Highlighting Some Misconceptions About This 9%-Yielding Hybrid CEF
June, 08 2022 01:06 PM
Tri Continental Corporation
FOF is a CEF that primarily holds other CEFs and trades at a 9% current yield. In this article we discuss some of the mechanics of the fund and address some of the misconceptions we keep seeing about it. Investors who like a hybrid Equity / Credit allocation have a number of other choices that have delivered stronger historic total NAV returns. For further details see:
FOF: Highlighting Some Misconceptions About This 9%-Yielding Hybrid CEF
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