Tri Continental Corporation (TY)

Tri Continental Corporation (TY $32.17)
- $32.17 Cap: $1.74B
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Tri Continental Corporation (TY $32.17)
- $32.17 Cap: $1.74B
- View TY Profile
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Blackrock Health Sciences Trust (BME $35.60)
- $35.60 Cap: $474M
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CBRE Global Real Estate Income Fund of Beneficial Interest (IGR $4.96)
- $4.96 Fwd P/E: 63.71X Cap: $694M
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Q: I was reading an article recommendIng these high yielding closed end funds. They appear to be blue chip. Apparently CEFs usually trade at a discount and once the market is ready to turn around they will provide additional leverage. When does it make sense to purchase CEFs when there are equivalent etfs?

Read Answer Asked by Albert on June 27, 2022