Archive for February 2nd, 2006

Why I Like Closed-End Funds

Although no investment vehicle is perfect, I find much to like in closed-end funds. Federal Reserve Flow of Funds Table F.123 shows the big picture for this category of investment. Depending upon the market, new issues of closed-end funds focus on bonds or equities. However, unlike open-end funds, closed-end funds tend to persist […]

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