Re: 40 Act CEF Vehicles for Week Ending 1.11.19
A few factoids of note on these. The Vanguard brokerage has banned CEFL from its platform. All those who hold it can keep it, but no new positions in that leveraged ETN. MDCEX has popped back up above the SPY & remains the best mutual fund that's in this field of 40 Act vehicles that hold cefs. CLM couldn't hold a double digit prem & dipped down to a prem of +8.8%. (I wonder if they are going to able to get a big enough prem to run a rights offering this year?).