Investing In CEFs

A closed-end fund (CEF) or closed-ended fund is a collective investment model based on issuing a fixed number of shares which are not redeemable from the fund. Unlike open-end funds, new shares in a closed-end fund are not created by managers to meet demand from investors.   https://www.google.com/search?q=nbo+dividend&oq=nbo+dividend&gs_l=psy-ab...

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