Quantcast
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
ALERT

Powerhouse Best Dividend Stock Generates 43% Return

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

News

Chubb Limited Increases Dividend by 2.9%

Each day, companies across the globe announce upcoming dividend payouts. In our Dividend Payout...

News

Comcast Leads 150 Stocks Going Ex-Dividend This Week

There are 150 stocks going ex-dividend this week starting Monday, June 26. For income investors...

Premium Shutterstock 180568652
News

The Market Glance for June 26: Economic Data, Dividend Aristocrat Headline Final Week of June

The economic calendar features several high-profile events over the next five days, giving...