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Solid Income Investments in Liquid Form: Managed Closed End Funds
Unlike conventional mutual funds, CEFs do not issue and redeem shares directly with investors at net asset value. CEFs are listed on national securities exchanges, where shares of the Investment Company are purchased and sold in transactions with other investors, just like individual company stocks, and most often not at net asset value.
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LinkedIn Recommendation:
Martin Connell - President at Coupons for the Hungry, LLC - Teo has an amazing grasp for technology and social media. I believe he could build just about anything when it comes to programming data information and integration systems. Some of his recent programs and systems are truly groundbreaking. It is just a matter of time before his name is going to be uttered in the same breath as Google and Microsoft. Keep up the hard work Teo! - December 15, 2009, Martin was a consultant or contractor to Teo at Net-Teams, Inc. |
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