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Strategies & Market Trends : Young and Older Folk Portfolio

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To: macbolan who wrote (7912)8/11/2024 12:54:20 PM
From: SeeksQuality2 Recommendations   of 21848
 
They are similar in that they are both shares in capital vehicles. But a BDC operates more like a lender, while a CEF operates more like a mutual fund that buys and sells the same kinds of securities that we hold directly. I would be careful about equating the two.
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