Closed-end funds offer excellent income potential compared to conventional mutual funds, ETFs, and dividend stocks but come with a number of complexities. Closed-end funds are actively managed by a fund manager, often use financial leverage to generate more income, can invest in various assets (e.g. stocks, bonds), and trade at a discount or premium to the market value of their assets. Please see our “Guide to Investing in Closed-End Funds” for more information.

Recent Research

Founded in 1887, Old Republic International (ORI) engages in insurance underwriting primarily in the U.S. and Canada. The firm owns 134 subsidiaries that operate in [...]

Ideas - Closed-end Funds

New Articles


HCP (HCP) is a healthcare REIT that went public in 1985 with 24 skilled nursing facilities (SNFs). Over the decades, the business eventually became a dividend aristocrat with 30 consecutive years of dividend growth. HCP's [...]

Uniti Group (UNIT)

In April 2015, the struggling regional telecom company Windstream (WIN) spun off 80% of its fiber optic cables into an internally managed REIT which was later renamed Uniti Group (UNIT). The use of these assets [...]

Unilever (UL)

With roots going back to 1885, Unilever (UL) was formed by the 1929 merger of Margarine Unie of the Netherlands and U.K. soapmaker Lever Brothers. The company is one of the world's largest consumer staples [...]