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Strategies & Market Trends : High Yield Investing - CEF's
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To: casualguru who wrote (168)3/23/2022 3:20:25 PM
From: jritz02 Recommendations

Recommended By
misscbd
red cardinal

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RE: CEFs

They are all good funds but leveraged funds leverage costs will increase if the fed keeps raising rates. What do you think the direction of the market will go the next few years while she holds these? Leveraged equity funds will be hurt more in a down market. EXD and EXG are considered "tax managed" not "tax advantaged"
Here is a good article on the difference. Closed-End Funds: What Makes Them Tax-Advantaged Or Tax-Managed? | Seeking Alpha | Hiswai
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