What Are Closed-End Funds and How Do You Invest in Them?
Why closed-end funds are David's favorite investment vehicle, particularly during market panics. What are the unique characteristics of these funds and what are successful strategies for investing them. Topics covered include:How closed-end funds differ from open-end mutual funds and ETFs.Why most closed-end funds are bond funds and use leverage.Why closed-end funds can sell at large discounts and premiums.What are managed distribution programs.How to evaluate and select closed-end funds.What is the Income Factory approach to closed-end fund investing.Thanks to LinkedIn and The HPScast for sponsoring the episode.