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0 0.00023282887077993 0.00115483119906864 0.00115483119906864 0.0014714784633295 0.00210477299185105 0.00023282887077993 0.000223515715948753
Stock impact report

Closed-End Funds Sport Historic Discounts, High Yields. What to Buy Now. [MarketWatch]

Blackrock MuniYield Fund, Inc. (MYD) 
Company Research Source: MarketWatch
Want to see it on more articles? Give your feedback below or email product@barrons.com thumb-stroke-medium thumb-stroke-medium Everything old is new again, go the song lyrics. That's most evident in the improbable resurgence of phonograph records over more modern and technically superior ways of reproducing music, even among the sizable number of vinyl fans who don't own turntables but buy LPs just to display their covers. By contrast, the investment structure that harks back to an earlier era, \closed-end funds , is largely ignored, having been supplanted by more modern variants—first, the open-ended mutual fund, and then, exchange-traded funds. As their name implies, closed-end funds lock up their assets, Hotel California–style. The money in a CEF can never leave, but investors can check out by selling their CEF shares as they would any other stock. The price those shares fetch in the secondary market can be a premium to the net asset value of the CEF or, more often, a d Show less Read more
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