YYY invests in high-yield, highly discounted liquid CEFs but has a history of investing in underperforming CEFs, leading to consistent capital losses and dividend cuts. Despite its strong 12.2% ...
YYY takes a fund-of-funds approach to investing in CEFs. It pays a forward yield of 11.3%. However, with a distribution rate far higher than the fund's average annual total returns, the YYY appears to ...
As of October 17 at 9:59:23 AM EDT. Market Open.
YieldShares, a new ETF provider that has Christian Magoon at its helm, on Friday is rolling out its first ETF, an income-focused fund-of-funds strategy that’s similar to the PowerShares CEF Income ...
For years, the mutual-fund industry has talked about creating actively managed exchange-traded funds, and I always figured that the very first one — heralding the new genre of ETF — would be a Stupid ...
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