Author's note: All data is as of November 2, 2018, so numbers may be out of date. Please check latest data before making investment decisions.
Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end funds ((CEFs)) for further due diligence and investigation.
A database of CEFs was obtained from CEFConnect. All yields are quoted as the yield on price. All z-scores refer to the 1-year z-score, which I consider to be the most useful time duration for profiting from premium/discount reversion. The 1-year z-score is calculated