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Can you give an example of funds like this? Maybe instructions on how you would search for them?
by dustyleary 13y ago
Can you give an example of funds like this? Maybe instructions on how you would search for them?
- smartician 13y agoNAD would be an example, or, if you're in California, NAC (state tax free, but geographically concentrated in CA). There are other bargains out there now too, because of fears of the Fed tapering down QE, anything that yields >5% got hit hard in the recent weeks. Even foreign, emerging market bonds. ESD for example trades at a 7% discount and yields 7.5% at the moment. For research, Morningstar is a good starting point: http://cef.morningstar.com/quote?t=esd http://cef.morningstar.com/quote?t=esd