April 12, 2017

5 Common Mistakes Made When Purchasing Closed-End Funds

By James Behr Jr & Christopher Paleologus


Closed-end funds (CEFs) are one of the core investments utilized at Blue Bell Private Wealth Management and we think it is necessary to educate people about the mistakes that are often made when purchasing closed-end funds. Below are the five most common mistakes that we believe occur with investors who purchase CEFs. 1. Buying Closed-End […]


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November 10, 2016

Closed-End Funds Year End Distributions Explained

By Scott Miller, Jr.


****Your online account value may appear lower than what it really is because of accrued (earned) but unpaid distributions****   Tis the start of the holiday season and along with Thanksgiving, Chanukah and Christmas comes year end Closed-End Fund distributions. Towards the end of each year Closed-End Funds (CEFs) must distribute realized capital gains. These […]


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October 18, 2016

Steer Clear of Mutual Fund Fees and Closed End Fund IPOs

By James Behr Jr & Christopher Paleologus


Last week, we discussed the importance of avoiding Equity-Indexed Annuities which give the illusion of principal protection and growth. This week, we will discuss how investors should ignore and avoid specific Mutual Funds and Closed End Funds (CEF) sold at the Initial Public Offering (IPO) in order to remain steadfast on the path to reaching […]


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September 2, 2016

Purchasing CEFs at a Discount to Net Asset Value

By James Behr Jr & Christopher Paleologus


Would you ever buy something worth $1 for $1.01 or more? This is a question Morningstar recently posed in an article about Closed-End Funds (CEFs) on their website. The exact question was, “Would you ever buy a CEF that was trading at a premium to NAV?” and can be read here. Surprisingly, only 53% of […]


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February 10, 2016

Would you like to buy $1 for 85 cents?

By James Behr Jr & Christopher Paleologus


The question we pose to you may seem too good to be true. You may say, “No one would give me $1 for 85 cents.” Allow us to introduce you to closed-end funds (CEFs). A closed-end fund is a publicly traded investment company that invests in a variety of securities, such as stocks or bonds, […]


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December 8, 2014

Closed-end Fund Year End Distributions

By Scott Miller, Jr.


Tis the start of the holiday season, and along with Thanksgiving, Chanukah and Christmas comes year end closed-end fund distributions.   These distributions can be quite large and can make it appear as if your account has lost value until the distributions are paid.  Take for instance the closed-end fund General American Investors (symbol: GAM).  GAM […]


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June 20, 2014

The Key to Closed-end Fund Rights Offering is Oversubscribing

By Scott Miller, Jr.


The closed-end funds H&Q Healthcare Investors (HQH) and H&Q Lift Sciences Investors (HQL) recently announced non-transferable rights offerings to each respective fund. HQH invests in public and private companies in the healthcare industry while HQL invests in public and private companies in the life sciences industry. Many may have heard the term “rights offering” tossed […]


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