CEF Market Update: Wide Discounts Make for Attractive Opportunities
Portfolio Specialist Allen Webb sits down with Portfolio Manager Steve O’Neill to take a closer look at the CEF market for the current month.
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The price at which a closed-end fund trades often varies from its NAV. Some funds have market prices below their net asset values – referred to as a discount. Conversely, some funds have market prices above their net asset values – referred to as a premium.
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