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VAM - VAM: Quick Take On This 10%+ Yielder And Merger News
The Vivaldi Opportunities Fund
I had a question come up about my thoughts on VAM, this was derived from my response to that question and expanded a bit. I hope others find it beneficial.
Vivaldi Opportunities Fund (VAM) is a really interesting fund with a little bit of everything in the holdings. The 10%+ distribution rate is also a huge draw. However, the fund is trading at a small premium now after a merger was announced. My reservation with the fund is that it is a long/short fund. The short portion of the portfolio can help prevent