Closed-end Funds paying hefty dividends
17517 views
Rate Now:
average rating: 3.00 / 5 ratings
Created by arnabdgp
DESCRIPTION:
Date updated:04-06-2007
An often-sleepy corner of the mutual-fund world is enjoying a sudden boom: "closed-end" funds. Like exchange-traded funds, or ETFs, closed-end funds trade on a stock market but may have certain trading quirks, limiting their appeal. Now, fund companies are overhauling these funds' investment strategies and rolling out new offerings, and investors are snapping them up.More than $13 billion has been raised in closed-end funds this year, or more money than was raised in all of 2006. More than 30 such IPOs are expected at the NYSE this year. One of the biggest quirks of closed-end funds -- their tendency to trade at a discount to the underlying portfolio -- is also improving.In March, the median discount for all closed-end funds narrowed nearly a full percentage point, to 2.34% -- the lowest discount in the past 12 months. Today, about 35% of such funds are trading at a premium, compared with about 20% in 2005, according to fund researcher Lipper.Closed-end-fund providers have been focusing on a strategy searching out stocks that pay big dividends. One goal is to take advantage of recent tax-law changes that can lower taxes on dividend income if funds hold the stocks for a certain amount of time- Wall Street Journal
- Closed-end Funds paying hefty dividends's Blog
- No Blogs Found
- Top Professional Portfolios
- 1. Fidelity Contrafund - ...
- 2. Bernard L. Madoff Inve...
- 3. Argus Management
- 4. Calamos Advisors
- 5. Charlie Munger
- show all
- Top Do-It-Yourself Portfolios
- » jgroov Portfolio 1
- » ben johnson
- » my holdings
- » SC TRADE OF THE DAY
- » kudos
- show all
- Most Viewed Portfolios
- » Warren Buffett
- » George Soros
- » T. Boone Pickens - BP Cap...
- » Carl Icahn
- » Renaissance Technologies
- show all
Must-See Charts: Ralcorp, Del Mo...
By Jonas Elmerraji Posted on Feb. 9, 2010 With stocks continuing to underwhelm in yesterday’s trading session, the attention is turning toward trading. After all, tec...
02.09.10 | 12:06 PM
This Week's 'Barron's' Roundup
By Roberto Pedone Posted on Feb. 8, 2010 Good Buys For Bad Times: This Barron’s article says with the U.S. economy expected to grow by only 3% in 2010, investors shou...
02.08.10 | 16:28 PM
Cramer's Take on Headline Stocks...
Posted on Feb. 8, 2010 Finance Professor Scott Rothbort will be answering questions on Stockpickr Answers on Monday, Feb. 8. Ask away! Regardless of why a stock is in...
02.08.10 | 14:45 PM
Rocket Stocks for the Week
more articles
By Jonas Elmerraji Posted on Feb. 8, 2010 Finance Professor Scott Rothbort will be answering questions on Stockpickr Answers on Monday, Feb. 8. Ask away! Investor an...
02.08.10 | 08:39 AM
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author
Trading Nymph
Book suggestion request
02.05.10 | 22:34 PM From author
WilliamAndersen
Other People's Ideas (OPI)
11.28.09 | 15:23 PM From author
Valerie J
Stockpickr Jukebox
more forums
08.20.09 | 01:57 AM From author
Bobby K
Q.
Another Pickr alerted me to this...
02.09.10 | 12:39 PM Asked by
π
A. for two days i have been digging in this
company's ass with a microscope
Q.
Steel....playing catch up now. ...
03.24.09 | 11:34 AM Asked by
dgbkr
A. The only one I own : SLX,
too hard pick a winner out all of them
today 's lists
Biggest % Gainers
Here are some of the largest % gainers from Feb. 8, 2010. more
Dividends: Tomorrow's Ex-Divide...
Below is a list of some of the companies that have their ex-dividend date Wednesday, Feb. 10, 2010. What is the ex-dividend date? According to Dividends.com: The ex-... more
Earnings Announcements
Here is a list of some of the companies that will report earnings on Wednesday, Feb. 10, 2010. For some of the companies below, we provide average EPS estimates from analy... more
Comments not available