Say you invest closed end fund, buying when the NAV is $85 but shares are trading at a 2% premium. You hold onto it until
Say you invest closed end fund, buying when the NAV is $85 but shares are trading at a 2% premium. You hold onto it until the $2 income payment, when you sells at a 2% discount from the NAV, which is still $85. What is your HPR?
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Authors: Robert Higgins, Jennifer Koski, Todd Mitton
13th Edition
1260772365, 978-1260772364
