|Bid||4.1400 x 28000|
|Ask||4.1500 x 40700|
|Day's Range||4.1335 - 4.1500|
|52 Week Range||3.8200 - 4.3800|
|Beta (3Y Monthly)||0.46|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.33 (8.01%)|
|1y Target Est||N/A|
Long before the rise of exchange-traded funds , closed-end funds were mutual funds that traded on exchanges alongside stocks. In fact, CEFs date back all the way to the late 19th century. CEFs are similar ...
In recent years, the bad rap on closed-end bond funds is that they couldn't thrive in a rising rate environment. Now, the Fed is ready to hit "pause" indefinitely (traders are pricing in only a 6% chance of any rate hike in 2019), asserts Brett Owens, closed-end fund specialist and editor of Contrarian Outlook.