Why Closed-End Fund Valuation Matters [Seeking Alpha]
Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (PFO)
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Source: Seeking Alpha
Why Closed-End Fund Valuation Matters Summary Why closed-end fund valuation matters when buying CEFs. How to "spend" capital appreciation from CEFs. Bank in years of distributions by taking advantage of premium/discount mean reversion. This article was first released to CEF/ETF Income Laboratory so data may be out of date. Please check the latest data before making investment decisions. Valuation matters when buying closed-end funds I sometimes shake my head when I see recommendations for closed-end funds [CEFs] trading at historically high premiums. No matter how high-quality the fund's assets are, or how skilled management is, they cannot escape the mathematical force that is Why not invest in a similar, but more undervalued fund instead and earn more money compounding income on steroids months or even years of distributions We recently reiterated our strategy to our members here: " How Would You Like Your Free Shares To Be Served? step-by-step instructions How apt it is therefore t
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Sec Filings
- 4/24/24 - Form NPORT-P
- 3/4/24 - Form DEF
- 2/8/24 - Form N-CEN
- PFO's page on the SEC website