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Closed-End Fund Returns Hurt By Fed, Trade Wars

FYI: (This is a follow-up article.)

The Fed's latest rate hike and the budding global trade war took a toll last month on the returns of closed-end funds, many of which invest in now newly vulnerable sectors like emerging markets and bond funds.

Closed-end funds focusing on equities and CEFs on the fixed-income side, with bond portfolios, both saw their first decline in net asset value in months, according to a survey by Tom Roseen, head of research services at Lipper.
Regards,
Ted
https://www.thestreet.com/investing/closed-end-fund-returns-hurt-by-fed-action-trade-wars-14751226?puc=yahoo&cm_ven=YAHOO&yptr=yahoo

Lipper: The Month in Closed-End Funds: September 2018:
https://lipperalpha.financial.thomsonreuters.com/wp-content/uploads/2018/10/FMIR-US-CE-M-20180930-TR.pdf
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