Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

If there’s one area of the investment world that offers some of the greatest potential for dividend yield yet is among the least understood, it’s the category of closed-end mutual funds.

To get a better handle on why and how closed-end funds can be so rewarding, you’ve got to understand their quirky nature and how they differ from their more well-known siblings, open-end mutual funds.

Closed vs. Open

Most mutual funds are of the latter variety, in which a fund company sponsor prices the securities it holds in the fund at the end of each trading day based on their closing prices and stands ready to issue and redeem shares in the fund based on the net asset value of those underlying securities. The number of shares in the fund itself, therefore, can fluctuate, but their price is always tied to the value of all the securities in the fund.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Turning%20knob%20fo%205g
News

A Big Dividend Boost from 5G

By historical standards, the various telecoms are pretty boring stocks to own.

Steady demand,...

News

AbbVie Inc: Banking on HUMIRA

AbbVie Inc (ABBV ) is a biopharmaceutical company that engages in the discovery, development,...

Premium Man%20spotting%20trouble%20through%20binoculars
News

The IMF Sees Trouble Ahead

Unless you’ve been living under a rock, it’s hard to ignore the growth in the global economy.

For...