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Newer CEFs with Limited Terms

yogibearbullyogibearbull
edited April 9 in Fund Discussions
Newer CEFs with Limited Terms

As the bond CEFs have sold off, it’s time to review the newer CEFs with limited terms and compare them with their unlimited term cousins. At their term ends, their discounts would vanish, providing a small boost to the TR, a fact that most CEF investors overlook. Many also avoid them simply because they are newer, but they have more established cousins with the same managers.

Firm: Limited Term CEF | Unlimited Term CEF or OEF Cousins
Pimco: PDO (discount -2.60%), PAXS (-3.62%) | PDI, OEF PONAX / PIMIX
Nuveen:
NDMO (-7.81%) | NVG, NZF, OEF NMBAX / NUVBX
NMCO (-7.45%) | NMZ, OEF NHMAX / NHMRX
Thornburg: TBLD (-7.96%) | TIBAX / TIBIX

https://ybbpersonalfinance.proboards.com/post/436/thread
https://ybbpersonalfinance.proboards.com/thread/515/cefs-newer-term-structures-nuveen
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