Closed-End Fund Screener

About Closed-End Funds (CEFs)

Closed-End Funds (CEFs) are investment companies that raise capital through an initial public offering (IPO) and then trade on stock exchanges like individual stocks. Unlike open-end mutual funds, CEFs have a fixed number of shares and trade at prices that may differ from their Net Asset Value (NAV).

Key characteristics of CEFs:

Premium/Discount: CEFs can trade at a premium (above NAV) or discount (below NAV) to their net asset value
High Yields: Many CEFs use leverage and focus on income-generating strategies, resulting in higher distribution yields
Leverage: CEFs often use leverage to enhance returns, which can increase both potential gains and risks
Active Management: CEFs are typically actively managed, with portfolio managers making investment decisions

Alpha Release - Experimental Feature
This page is in alpha and is experimental. It's actively being worked on, so expect bugs and changes. If you see any bugs or have suggestions, please email me.