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A Roadmap to Better Closed-End Fund Investing

Morningstar closed-end fund analyst Cara Esser guides investors through the ins and outs of leverage, discounts and premiums, and distribution rates.

Jason Stipp: I'm Jason Stipp for Morningstar.

As part of Morningstar's "5 Days to Better Investing," we are checking in today with closed-end fund analyst Cara Esser to learn a little bit about the less-well-known closed-end fund and the role that it might play in investors' portfolios.