CEF Report January 2021 | Will We See A January Effect?
Summary
December was another good month for CEFs with some discount tightening and NAV growth. The Core Portfolio was up over 1% with the NAV up 1.8%.
The January Effect could bring discounts to an expensive level if the recent trends continue At that point we would want to start reducing CEF exposure in favor of OEFs.
Some of our recent portfolio adds l…
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