Bargains remain in this niche focused on producing income
- Although discounts in closed-end funds are shrinking, many are still not far from their historical lows
- Maury Fertig, chief investment officer of Relative Value Partners, says about 35 percent of the approximately 200 closed-end funds in the U.S. are still trading at discounts of 10 percent or greater
- With markets stabilizing and discounts starting to narrow, investors with greater risk appetite who want share appreciation and income generation may want to start looking at the space
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