016 - Reduce Share Dilution And Buy Back Manipulation With Close Ended Funds

Close Ended Funds are unique in that they generally have a capped number of shares which makes their price rely completely on demand. Whereas other funds use tactics to manipulate price like offering new shares or doing buy-backs.  CEFs have a NAV price that makes them very easy to determine their value. That means you shouldn't have trouble determining when to buy them at a discount.  Since there are 466 total CEFs, you need a way to screen out the crappy ones. We cover the metrics we screen for to reduce the risks that come along with owning this type of asset. High leverage CEFs like PGP is one of the biggest things to avoid when considering an fund.These are 2 really good sites to help you find the information you need.CEF ConnectStock Market MBATickers discussed were:- CLF - CRM- FDEU - blue chips in Europe 7% yield- ECC - 27% yield- IFN - Indian CEF - Almost anything PIMCO (ex: PDO & PDI)BITF - Bitfarm fund we discussed throwing $100 in that does Bitcoin farmingDrop your comments or questions for this episode on one of our posts.   FacebookYouTubeBlogIf you're looking for a more detailed summary of this episode, click here.We're trying to grow. Help us reach others who want to learn to invest with confidence. Spread the word and leave a review to help us rank in search. We appreciate your support!      Questions? Email Tim at [email protected] Want FREE weekly market updates, Tim's top 10 dividend picks, and our portfolio updates delivered right to your inbox? Subscribe to our email list. Stay connected. Follow us on social! **DISCLAIMER**Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here. Episode music was created using Loudly.