Publisher's Synopsis
Aimed at investors, rather than brokers, this work on closed-ends funds includes an analysis of the investment opportunities, risks and rewards of these popular traded funds. Since closed-end funds are typically bought at a discount from their actual value, but sell at a profit, they represent a cheap way for many to invest without the risks involved with investing in the stock market.;This new guide takes a practical look at these inexpensive long-term investment tools, providing a discussion of these funds, and explaining the ups and downs of a variety of closed-end fund investment strategies. Key features to this handbook include appendices detailing all the closed-end funds available as of September 1990, an explanation of the pros and cons of investing in closed-end funds in today's market, coverage of closed-end stock and bond funds and single country closed-end funds, commentaries by, and interviews of, some of the leading closed-end fund managers, and coverage of international closed-end fund investment strategies.
