https://www.cohenandsteers.com/insights/. /about-closed-end-fundsCachedSimilarA premium occurs when the market price of a closed-end mutual fund share is

www.investmentnews.com/. /closed-end-funds-trading-at-steepest-discounts- in-eight-years-asCachedSimilarOct 22, 2015 . Closed-end funds trading at steepest discounts in eight years as . and the

www.investors.com/. funds/. funds/want-income-closed-end-funds-offer- yield-but-beware-of-the-risks/CachedMay 18, 2016 . Closed-end funds (CEFs) can be one solution, with yields averaging . so CEF

www.investopedia.com/ask/answers/145.aspCachedSimilarThere are many times when closed-end funds will trade at a premium or discount

stansberryresearch.com/investor. /buying-closed-end-funds-discount/CachedSimilarAny difference between the share price and NAV of a closed-end fund is known

cef.aberdeen-asset.us/en/. /discount-shopping-with-closed-end-fundsCachedClosed-end funds trade on a stock exchange, so it's much like a stock going up

https://www.invesco.com/pdf/U-DSCNT-FLY-1-E.pdfSimilarSep 30, 2017 . A closed-end fund premium or discount represents the difference between NAV

https://www.cefa.com/Learn/Content/CEFBasics/discounts.fsCachedIdeally, there would be no difference between a closed-end fund's share price in the market and its net asset value per share. Thus, there would be no discounts or premiums. However, prices are established by competitive markets which reflect "real world" buying demand and selling supply of shares.

https://funds.eatonvance.com/closed-end-fund-prices.phpCachedEaton Vance closed-end funds' prices are readily available on our website. .

www.wsj.com/mdc/public/page/2_3040-CEFmain.htmlThese pages include market prices, net asset value and premium/discount

https://www.benzinga.com/. /why-do-closed-end-funds-trade-at-discounts-or -premiums-to-their-netCached3 days ago . Why Do Closed-End Funds Trade At Discounts Or Premiums To Their . a CEF

www.jhinvestments.com/Article.aspx?ArticleID={3CD5CDCB. CachedThey frequently trade at a discount to net asset value. . A: A premium occurs

www.morningstar.com/cefs.htmlCachedSimilarMorningstar's independent, trusted CEF – Closed End Mutual Funds lists,

https://money.usnews.com/. funds/. /how-to-take-advantage-of-discounts-in- closed-end-fundsCachedOct 15, 2015 . The share price of closed-end funds (CEFs) will usually trade at a discount or a

www.federatedinvestors.com/. /closedendfunds/. /overview.do?fundshareid . CachedFederated Premier Intermediate Municipal Income Fund NYSE: FPT. Product

https://www.fidelity.com/. /closed-end-funds/discounts-and-premiums

www.futuresmag.com/2016/. /are-closed-end-fund-discounts-rationalCachedNov 19, 2016 . Closed-end fund discounts and premiums are incredibly interesting to academic

https://seekingalpha.com/. /4065639-closed-end-fund-discounts-continue- fall-cef-weekly-updateCachedApr 26, 2017 . Average discounts for closed end funds have fallen to an average 4.5%. . The

https://www.gc.cuny.edu/. /Exploiting-Closed-End-Fund-Discounts_CUNY- talk.pdfCachedSimilarOct 2, 2014 . closed-end fund discount puzzle and pose a challenge to the market efficiency in

www.morningstar.co.uk/. /closed-end-fund-discounts-explained.aspxCachedSimilarNov 24, 2009 . The discount is what makes closed-end funds such interesting and . if higher

https://www.cefconnect.com/fund/CEFCachedPrice, NAV, Premium/ Discount. Current, $13.32, $13.54, -1.62%. 52 Wk Avg,

www.aaii.com/investing/article/web-sites-for-closed-end-funds.pdfCachedSimilarInformation on closed-end funds is far more limited than their more popular

https://faculty.fuqua.duke.edu/~charvey/Teaching/. /index.htmCachedMuch work has been done to try to explain the presence of premiums and

www.nasdaq.com/investing/mutual-funds/closed-end-funds.aspxCachedSimilarBecause the number of shares of a closed end fund are limited and not usually

stason.org/. Closed-End-Funds/Closed-End-Funds-A-Deeper-Look-at- Discount-Premium-Some-De.htmlCachedThe discount or premium at which a CEF trades is perhaps the single most

https://www2.bc.edu/jeffrey-pontiff/. /3_Pontiff_JFE_95.pdfCachedSimilarKey words: Closed-end fund; Discount; Abnormal return; Book-to-market; Market

https://www.virtus.com/our-products/individual. /closed-end-fundsCachedVirtus Closed-End Funds are managed by several of our investment affiliates, . ..

https://www.thestreet.com/. /take-advantage-of-steep-discounts-on-closed- end-funds.htmlCachedOct 27, 2015 . The average closed-end fund discount to net asset value is now 9%, twice .

https://www.fidelity.com/. /closed-end-funds/discounts-and-premiumsCachedSimilarClosed-end fund discounts and premiums. CEFs have an underlying portfolio of securities. From this portfolio, a net asset value (NAV) can be derived [NAV = (assets – liabilities) / shares outstanding]. . Shares are said to trade at a "premium" when the share price is higher than the NAV.

www.barrons.com/. /3-closed-end-funds-with-juicy-yields-trading-at-big- discounts-1491339528Apr 4, 2017 . 3 Closed-End Funds With Juicy Yields Trading At Big Discounts. By . AllianzGI

https://www.ici.org/pdf/per23-02.pdfCacheddiscount for domestic taxable bond closed-end funds narrowed to 4.7 percent at

https://www.investingdaily.com/. /closed-end-funds-buy-at-discounts-and- sell-at-premiumsCachedMay 14, 2012 . Exchange-traded funds (ETFs) have taken the investing world by storm, but

www.etf.com/. /21026-understanding-premiums-and-discounts.html?. CachedAlternatively, premiums or discounts may arise because the ETF and its . In

https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=410184This paper attempts to make a contribution to the understanding of the factors that

www.marketwatch.com/. /what-to-look-for-when-buying-closedend-funds- 1326831204728SimilarJan 17, 2012 . They continuously trade away discounts and premiums for their own profit.

www.cefinsight.com/cefweekly.aspCachedSimilarSeptember 29, 2017 | Closed-End Funds Weekly Review keywords: Closed-End

abcnews.go.com/Business/story?id=7534627As you may have guessed, it's better to buy at a discount, not a premium. As proof

https://www.pimco.com/en-us/investments/closed-end-funds20 Results . Closed-end funds may be leveraged and carry various risks depending upon the

https://www.vaneck.com/xmpt-attractive-value-now-seen-in-muni-bond- closed-end-funds-pdf.pdfCachedMar 31, 2017 . XMPT: Weighted Average Underlying CEF Premium/Discount . closed-end

https://scholar.harvard.edu/files/shleifer/files/investorsentiment.pdfseasoned funds sell at a premium or a small discount, and that discounts are

https://www.blackrock.com/. /taxlosssellingstrat-102116.pdfCachedpurchase of a CEF, these dynamics may affect performance. EXHIBIT 1. Average

https://sub.bvresources.com/. /BVUClosedFunds0114.pdfCachedJan 4, 2014 . Closed-end fund (CEF) data are commonly used to derive . and download

faculty.chicagobooth.edu/midwest.econometrics/. /megsanderson.pdfCachedKeywords: Closed-End Fund; Discount; Investor Sentiment; Dynamic . shares

https://www.forbes.com/. /putting-closed-end-fund-discounts-into- perspective/CachedOct 25, 2015 . Relying too much on whether or not a closed-end fund is trading at a . not the

https://www.quora.com/Why-do-closed-end-funds-sell-at-a-discount-to-the- value-of-their-portfoliosNo one really knows, or perhaps more appropriately, those who do know guard

www.willamette.com/insights_journal/17/winter_2017_4.pdfCachedbenchmark for measuring a discount for lack of control related to closely held

citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.22.645&rep. Similarvalue (NAV) of the fund. The discount is not constant, and varies considerably

https://en.wikipedia.org/wiki/Closed-end_fundCachedSimilar. NAV - an effect known as the closed-end fund puzzle. . trade at a premium at

https://economics.vassar.edu/docs/working-papers/VCEWP73.pdfThese two characteristics of closed-end funds enable a very direct test of . NAV

www.investinganswers.com/. /premium-net-asset-value-nav-2180CachedSimilarPremium to NAV (and "discount to NAV") is most often used to describe the price

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