Not that these types of funds would be the primary source of your investments but has anybody else been watching the discounts that are starting to appear in the closed-end markets?
My guess is that a lot of has to do with the "flight-to-safety/no leverage" mentality but some, IMO, will be worth a bet if the discounts widens. At times these work in the favor of good portfolio managers due to the fact that they are not forced to meet sale obligations as they are in the open-end markets.
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"