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Cornerstone Progressive Return has 93% of its assets in the shares of other closed ends, many trading below the value of their assets.
WSJ: The Intelligent Investor: Yields So High, They Can't Be for Real
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Most closed ends distribute varying amounts of dividends and capital gains.
WSJ: The Intelligent Investor: Yields So High, They Can't Be for Real
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Now, there are some subtleties to buying bargain closed-ends that go beyond the discount.
FORBES: Finding Bargains in Closed-End Funds
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We looked at the deep discount closed-ends and ruled the first few out.
FORBES: Cheating The Random Walk
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Among ETFs buy PowerShares CEF Income Composite Portfolio Fund ( PCEF, 26) , a fund that invests in closed-ends that are trading at significant discounts to their NAVs.
FORBES: 7 Reliable Income Investments
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The mall in the ICC, where the 13, 500 delegates will meet, will be closed until the conference ends on Wednesday.
BBC: Birmingham & Black Country
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Others, like Skype and Halo, are more closed systems, requiring subscribers on both ends.
FORBES: Worldwide Video Calling Gets Easier
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If Apple takes a closed approach, and Android stays open, he thinks we could end up in a world where Android ends up with 85% of the market for handsets and tablets.
FORBES: Forrester's George Colony: Hello, App Internet. Goodbye, Web