If you own a diverse portfolio of closed-end funds (CEFs), you’re probably sitting on some nice gains in 2019—and there’s a great chance those gains have crushed the S&P 500.
So here, at nearly the two-month mark, it’s worth pausing to see where things stand, and where we should be looking for the next big winners.
Big Gains Everywhere You Look
So far, the average CEF is up 7.5% in 2019 and February isn’t even over. This run-up is everywhere, with only five of the nearly 500 CEFs tracked by our CEF Insider service slipping on the year.
The few funds that are down have nothing to do with the rest of CEF-land.… Read more