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EGIF - How To Profit From The Liquidation Of Eagle Growth & Income Opportunities Fund
Eagle Growth and Income Opportunities Fund of Beneficial Interest
Reason To Invest in a Liquidating Fund
Why would anyone ever want to invest in a fund going out of business? The answer is simple. If the current market price of the fund is much less than the present value of what will be paid to shareholders in liquidating payments, a profit can be made by buying shares that are entitled to those liquidation payments.
Eagle Growth & Income Opportunities Fund (EGIF) was a hybrid balanced closed-end fund seeking total return. The fund was created in June 2015, and originally had a 12-year