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As of Fri 07/25/2014 01:30 PM EST | USD
In all, it was a good year for equity-focused CEFs.
Most equity-focused CEFs posted truly spectacular total returns in 2012, but there were a few exceptions.
These three funds have received top marks.
Morningstar's Cara Esser breaks down our Analyst Ratings for closed-end funds and names the CEFs that are worthy of gold status.
A breakdown of the CEF team's analyst ratings by firm, analyst, and Morningstar classification.
When it comes to expenses, CEFs are quite different than open-end mutual funds.
CEF investors can benefit from the broader topics broached at our annual event.
Some actively managed large-cap funds charge investors high fees while failing to differentiate themselves from the S&P 500.
This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The information contained here has been obtained from ...