Closed-end bond funds, long a staple investment for retirees and those seeking income from their investments, have been left ...

Both are closed-end funds (CEFs) that sport deep discounts to net asset value (NAV, or the value of the bonds they hold). They also pay 7.5%+ dividends that come our way monthly, too. Let’s get ...

Sales take place throughout the year, but some months and holidays are better for finding deep discounts on certain items. Coming on the heels of the holiday season, January tends to be a great ...

How to avoid the problem. One solution for investors who already own tax-exempt bonds at a discount deep enough to trigger de minimis tax is to exit the bond at or near the cost basis. That ...

The fund's discount has widened significantly recently ... UTF holds a couple of the corporate bonds issued, so there is some exposure there, too. The second-largest holding here is Enbridge ...

A perfect storm of falling bond prices, higher leverage costs, investor capitulation and tax-loss harvesting at the end of 2024 have left many of these funds now trading at deep discounts to their ...