The temptation of Closed End Funds (CEFS)


Hello all, I've been debating about investing in CEFS for a while but I keep hearing from friends that investing in Closed End Funds isn't worth it. I've been investing for about 6 years but outside of one CEF I have avoided investing in others. Some funds mirror huge ETFs from Vanguard or BlackRock and are dirt cheap. What is your opinion? Good? Bad? Should I invest?

Disclosure: the only CEF I have currently is NMI.


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