The Highs & Lows of Applying Rules to CEF Investing
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Roxanna Islam, Head of Sector and Industry Research at VettaFi, discusses the benefits and flaws of applying rules-based investing to closed-end funds. She notes that changes in the industry have forced changes on a rules-guided index of closed-end funds and how that is impacting the holdings and asset allocation of the fund-of-funds that some investors [...]
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