2019 has been a strong year for closed-end funds (“CEFs”), with double-digit net asset value (“NAV”) returns in many sectors (Exhibit 1). Additionally, discounts have narrowed over the course of the year, driving market price outperformance versus NAVs. Positive market price returns may lead to fewer opportunities for investors to employ tax loss selling strategies […]
source https://thebtrader.com/2019/12/09/sifting-through-the-froth/?utm_source=rss&utm_medium=rss&utm_campaign=sifting-through-the-froth
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