If Your Closed-End Funds Do Any Of These Things, Sell Now

Sell button on a computer keyboard getty Investors often ask me when it’s time to sell a closed-end fund (CEF)—or what to look for in a CEF they should avoid buying in the first place. With 2023 now d...

Battered SPACs and Closed-End Funds Finally Look Tempting. How Investors Can Play Them.

With apologies to the Bard, SPACs are now in disgrace with fortune and men’s eyes, along with other excesses, such as meme stocks and nonfungible tokens. But some special purpose acquisition companies...

Ackman’s Closed-End Fund Trades at a Steep Discount. Maybe It’s the High Fees.

Investor Bill Ackman recently highlighted market-beating 17% annualized returns generated by his Pershing Square Capital Management since 2004. But many investors in Ackman’s largest investment vehicl...