Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Saba filed today against NBH - Neuberger Berman Municipal Income. They have a big appetite. Are closed end funds obsolete in the era of ETF's. How do Blackrock or Eaton Vance option income funds compete with JEPI at 35 basis expense ratio.
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I own BCAT and are happy that SABA has gotten involved. I voted for several of their directors and a change in management.
This fund should be converted to an ETF.
I own BCX which is about 1/4 energy, precious metals, agriculture and industrial metals. The holdings are companies and not physical assets. It pays monthly dividends and uses an option strategy to help with the distribution.
As a member of the Alaska Airlines million mile club I am opposed to this merger. Hawaiian Airlines has lost money in 14 of the last 15 quarters. When Alaska bought Virgin they were stuck with a bunch of crummy Airbus planes that were non compatib…
I have been switching out of mutual funds and into ETF's. Very happy with this decision. Still own a handful of legacy mutual funds which will eventually be sold.