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Nuveen Preferred and Income 2022 Term Fund of Beneficial Interest
Exactly a year ago we discussed how investors can go about making the choice between a closed-end and an open-end fund. Much has changed in the market since then so we take this opportunity to revisit our framework and see whether the developments over the past few months shed any additional color.
We have two key takeaways in this article. First, the choice between ETFs and CEFs will depend on both the market environment and the characteristics of the individual sector. And secondly, different investors will find different approaches more or less useful depending on