PCEF - HNDL: This 7% Yielding CEF Alternative Is Getting Bigger And Cheaper

• HNDL just reduced its net expense ratio 20 basis points to 0.97% and has grown to over $1 billion in assets under management.
• HNDL's target distribution of 7% paid monthly has gone uninterrupted since its inception, and long-term modeling suggests it's sustainable even during recessions.
• While astute investors in closed-end funds can likely outperform HNDL by actively trading in them, they may unknowingly be taking on more risk than is appropriate for their situation.
• I will demonstrate the added volatility by presenting the long-term performance of 74 CEFs with similar yield and leverage features in an  Excel workbook available for download.
• HNDL's high growth rate indicates there is a solid market for its simplified approach to portfolio management.

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