Closed-End Fund Year End Distributions for 2017

Your online account value may appear lower than reality because of accrued (earned) but unpaid distributions. This does not affect values on your monthly statements because accrued but unpaid distributions are accounted for on them. Tis the start of the holiday season and along with Thanksgiving, Chanukah and Christmas comes year end Closed-End Fund distributions. Towards the […]

5 Common Mistakes Made When Purchasing Closed-End Funds

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 […]

Closed-End Funds Year End Distributions Explained

****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 […]

Steer Clear of Mutual Fund Fees and Closed End Fund IPOs

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 […]

Purchasing CEFs at a Discount to Net Asset Value

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 […]

Would you like to buy $1 for 85 cents?

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, […]

Closed-end Fund Year End Distributions

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 […]

The Key to Closed-end Fund Rights Offering is Oversubscribing

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 […]