In the Margins

Investors driving up closed-end fund premiums

October 21, 2016

By The Wall Street Journal

Investors seeking income have driven up premiums on dozens of closed-end funds. As of Wednesday, 80 of the 539 closed-end funds sold at a premium—15 of them in the double digits, according to research firm Morningstar. At the start of the year just 57 traded at a premium. Read the original story from The Wall Street Journal