- Almost one year ago, I built an income portfolio based on 15 closed-end funds (CEFs) that I judged to have the best net asset value (NAV) performance since inception.
- The distributions from almost all of my CEFs have remained intact despite the rivers of ink predicting massive cuts in distributions that haven’t yet shown up.
- Today most of my funds have recovered from the downturn caused by the March sell-off.
- However, there’s still a long way to go before the since-inception NAV performance of my CEFs returns to positive territory.
- So, let’s accept the situation as it is and hope for a full recovery from the pandemic that upended our lives and the financial markets.
For further details see:
My Income Portfolio - The NAV Evolution