MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, October 20, 2008 Closed-End Funds in the Bargain Bin Mr. Market is concerned about closed-end funds. Monday morning's WSJ Fund Track documents an increase in the average discount for closed-end funds over the past three months. That discount has jumped to 15.6 percent from 6.2 percent, according to Morgan Stanley. Concerns over their holdings (more closed-end funds invest in illiquid investments and bonds) and their use of leverage are reportedly drivers of the unease. Printed from: MFWire.com/story.asp?s=19677 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |