ETFs of Closed-End Funds: Unexpected Growth Opportunities
June 20, 2024 at 07:00 AM EDT
For income-seeking investors, closed-end funds (CEFs) offer relatively high distributions and the potential to buy these shares at a discount to the fund’s NAV. But these are lesser known fund structures. So many advisors and investors unfamiliar with CEFs may opt to invest in them through a familiar wrapper like ETFs. The universe of ETFs [...] The post ETFs of Closed-End Funds: Unexpected Growth Opportunities appeared first on ETF Trends .