Learn why it's important to understand the source of closed-end fund distributions.Morningstar Excluding a handful of exceptions, CEFs themselves do not pay taxes. Instead, like open-end mutual funds and ETFs, CEFs pass the tax consequences of their investments onto their shareholders. To ...
3Closed-end Fund distribution sources may include net investment income, realized gains and/or return of capital. If a fund’s distribution includes anything other than net investment income, the fund provides a 19a notice of the best estimate of its distribution sources at that time. An electro...
Market price is the price at which a fund trades on an exchange. Shareholders purchase and sell closed-end funds at the market price, not NAV. A closed-end fund’s premium/discount valuation is calculated as market price minus NAV, divided by NAV. *Latest declared distribution per share ...
3Closed-end Fund distribution sources may include net investment income, realized gains and/or return of capital. If a fund’s distribution includes anything other than net investment income, the fund provides a 19a notice of the best estimate of its distribution sources at that time. An electro...
Closed-End Fund Distribution Rate* BlackRock Multi-Sector Income Trust (ticker: BIT) 10.4% Advent Convertible and Income Fund (AVK) 11.9% Tortoise Sustainable and Social Impact Term Fund (TEAF) 9.1% Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) 8.5% Eaton Vance Enhanced Equity ...
Month End Quarter End BrandywineGLOBAL - Global Income Opportunities Fund Inc. - BWG As of 03/20/2025 Market Price1 $8.54 Market Price Change (%)1 0.23% $0.02 Market Price YTD1 8.78% Distribution Rate at Market Price 11.24% Premium / Discount -6.36% Average Annual Total Returns...
Tortoise Capital is an experienced closed-end fund manager providing innovative client solutions. Closed-End Funds Press Releases 3/03/2025 Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of February 28, 2025, for TYG and TEAF ...
Tortoise Capital is an experienced closed-end fund manager providing innovative client solutions. Closed-End Funds Press Releases 3/03/2025 Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of February 28, 2025, for TYG and TEAF ...
Month End Quarter End Add BrandywineGLOBAL - Global Income Opportunities Fund Inc. to favorites BrandywineGLOBAL - Global Income Opportunities Fund Inc. - BWG As of 02/26/2025 Market Price1 $8.47 Market Price Change (%)1 0.36% $0.03 Market Price YTD1 7.90% Distribution Rate at Mark...
Basics of closed-end funds What is a closed-end fund? Even though they have been traded in the US for over a century, closed-end funds (CEFs) are not well understood. A common misunderstanding is that a closed-end fund is a type of traditional mutual fund or an exchange-traded fund ...