FCO: Global Fixed Income Fund, 18% Yield
In effect, going to an extreme, a CEF that holds all its funds in cash with 0% returns, can still generate a call it 10% dividend yield via ROC. For example, this year, many equity based CEFs do not have the capital
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FCO: Global Fixed Income Fund, 18% Yield
In effect, going to an extreme, a CEF that holds all its funds in cash with 0% returns, can still generate a call it 10% dividend yield via ROC. For example, this year, many equity based CEFs do not have the capital