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Non-Tech : Income Investing

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To: Elroy who wrote (52070)11/13/2025 1:22:25 PM
From: Charles M   of 52113
 
Something you have to understand about CEF ( Closed end funds)
innovativeincomeinvestor.com

Yes, their sponsors have merged them with another fund when they were not performing well. They have closed them down and liquidated them when they performed poorly but there has never been a bankruptcy.

Certain BDC's and CEF's have been calling their ETD (exchange traded Debt ) early lately. Which also gives me confidence in them but I hate it if I was planning on the income until the final call date. The preferred and the baby bonds are in front of the common when it comes to being paid.
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