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What do you think of closed end funds?
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New York - Our buy-side research team generally avoid purchasing closed end mutual funds that trade at premiums; however, we are attracted to closed-end funds that trade below their net asset values.

In our view, closed end funds make sense for investors who can hold them for the long-term. Many closed-end mutual funds pay monthly distributions and provide income. Ultimately, discounts are closed and when the fund trades at a premium, we would recommend selling them.

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The Independent Adviser Corporation is a 100% Independent and 100% Objective Financial Advisory Firm that writes buy-side investment research. Our network of independent Fee-Only Financial Advisers serves individuals, families and businesses. They provide financial planning services, tax advice and offer professionally managed asset accounts. They do not underwrite corporate securities nor do they sell any proprietary products. To find out more or get a FREE consultation Ask The-Adviser.com or call 1-800-ADVISER.

 

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Consider alternative investments when considering a purchase of a closed-end mutual fund. 


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