Closed-End Funds (CEF) News July 2024 Date: August 6, 2024, 6:21 PM GMT Summary July 2024 has been an eventful month for closed-end funds (CEFs). The most significant development was Bill Ackman’s Pershing Square USA’s decision to withdraw its initial public offering (IPO) after slashing its target size. This move sent ripples through the CEF […]
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What Are Closed-End Funds (CEFs) and Why Should Dividend Investors Care? Closed-End Funds (CEFs) are investment vehicles with a fixed number of shares. They offer great advantages for dividend investors due to their high income potential and tax-efficient distributions. CEFs, actively managed by professionals, also provide diversification across sectors and regions. However, they also carry risks such as limited
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