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Closed-End Funds Seeing Consolidation

FYI: A wave of consolidations and outright liquidations is shrinking the number of traditional closed-end funds as investment companies look for ways to economize in a more challenging market.

Fund companies either consolidated or liquidated 27 closed-end funds through the end of October. That's up from 20 during all of 2017, according to the FundMarket report by Lipper Research.
Regards,
Ted
https://www.thestreet.com/investing/closed-end-funds-seeing-consolidation-14785004?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
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