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

 

 

 

Most Read

Top of the Agenda - Compensation
IDC: Fund director pay climbs again in 2024

Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...