Introduction
Each month, I extract about a thousand mutual funds, exchange traded funds and closed end funds from Mutual Fund Observer, and rank them for Risk (MFO Risk, Ulcer Index, Category Performance During Recessions, Leverage, Debt Quality, Debt/Equity), Risk Adjusted Returns (MFO Rank, Martin Ratio), Return, Valuation (P/E, P/C, P/B), Expenses, Yield, Fund Family Rank, and Momentum (3 and 10 Month). Closed end funds (136) were limited to following the guidelines described in "5 Best CEFs To Buy For October 2019" by Financially Free Investor using CEFConnect.
I use a conservative approach appropriate