How Much In CEFs Should You Have Today?

Apr 28, 2021

∙ Paid

This is the age-old question and one of the most common I get. The answer, as always, is: it depends. As many note, I stipulate a maximum percentage of closed-end funds ("CEFs") in a portfolio to 35%. That is a maximum and that only really count leveraged funds.

Most equity funds are NOT leveraged and are really not much different than a traditiona…

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