FYI: Closed-end funds that invest in master limited partnerships sport nice yields, often in the high single digits or even higher. And the discounts at which these funds trade to their net asset values have been widening, possibly signaling even better values.
Unlike open-end funds, whose shares can be redeemed by their holders, closed-end funds trade on an exchange, and their prices typically fluctuate throughout a trading session. Investors must pay a brokerage commission to buy or sell their fund shares.
MLPs are publicly traded partnerships that usually have an ownership in energy production or energy infrastructure entities–think pipelines and storage facilities.
Regards,
Ted
https://www.barrons.com/articles/invest-in-mlps-through-closed-end-funds-1543431628?refsec=income-investing
