April 29, 2013 at 13:55 PM EDT
Closed-end funds provide yield, but at a price
By John Wasik (Reuters) – Investors chasing yield in this low-rate environment are jumping into alternative vehicles. That’s helping closed-end income funds stage a comeback. Such funds, which offer a fixed number of shares and are closed to new capital once they start operating, have their attractions, but investors should exercise caution. Expenses for closed-end funds [...]
COHEN & STEERS QUALITY INCOME REALTY FUND, INC. COMMON SHARES DOUBLELINE OPPORTUNISTIC CREDIT FUND INV METALS NYSE COMPOSITE INDX PIMCO CALIFORNIA MUNICIPAL INCOME FUND II COMMON SHARES OF BENEFICIAL INT. PIMCO CORPORATE & INCOME OPPORTUNITY FUND PIMCO CORPORATE & INCOME STRATEGY FUND PIMCO DYNAMIC CREDIT INCOME FUND PIMCO HIGH INCOME FUND S&P DEP RECEIPTS SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST Standard & Poors 500
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