How Value Investors Are Buying Closed-End Funds at a Discount

In this episode of The Value Investing Podcast with Fexingo, Lucas and Luna explore a classic value strategy that is especially compelling in mid-2026: buying closed-end funds trading at steep discounts to net asset value. With the S&P 500 near all-time highs at 7,511 and the Dow above 52,000, finding true bargains is tough. But closed-end funds offer a rare pocket of value, with some funds trading at 10-15% discounts. Lucas breaks down why discounts exist—investor sentiment, distribution policies, and structural inefficiencies—and explains how to evaluate a CEF using metrics like discount history and expense ratios. Luna asks the practical questions: how to find them, what to watch out for, and whether now is the right time to buy. They discuss real examples like the Pimco Corporate & Income Opportunity Fund and the Gabelli Equity Trust. The episode is grounded in current data: value ETFs like IWD and VTV are up 3-4% in the past week, but many CEFs have lagged. Listeners will learn one concrete strategy to add to their toolkit and a specific ticker to research first. No hype, just a disciplined approach to buying dollars for ninety cents. #ClosedEndFunds #CEF #ValueInvesting #NetAssetValue #DiscountToNAV #Pimco #Gabelli #IWD #VTV #S&P500 #IncomeInvesting #BargainHunting #LucasAndLuna #FexingoBusiness #BusinessPodcast #InvestingPodcast #Finance #PortfolioStrategy Keep every episode free: buymeacoffee.com/fexingo