very interesting etn... looks like underlying cef's can maintain divys... ofcourse if market tanks this will go down with it and then some... but might have a decent run with this
Is the portfolio of CEFL passive or will there be some turnover of holdings?
I hold someof the same CEFs.
i also hold some of the same cefs
this is actively managed , the info is on thier web site.
it could be possible to sell my cefs put all the $ into this and get a bigger total return,
its to early to tell but the cefs they are holding are the cream,
i believe some turnover monthly
Looks like an interesting way to play the game. Probably going to play in it for a while.