Guest Post: Two Attractive Equity CEFs With Fixed Leverage Costs
Summary
SRH Total Return Fund (STEW) has access to low fixed cost leverage, giving it an advantage over other closed-end funds.
About 40% of STEW is invested in Berkshire Hathaway.
Tri-Continental Fund (TY) is a balanced fund with a value tilt and uses modest fixed cost leverage, making it a good option for investors concerned about market valuation levels.
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