CEF Weekly Update
A review of recent news across the closed-end fund world.
The end of the year usually brings around a few traditions. In Chicago, cold weather is expected, but the recent arctic plunge has already hit all-time records, leaving the entire city in a deep freeze. In warmer news, the end of year also usually brings about special distribution announcements at several closed-end funds, and 2013 was no different. Some noteworthy one-time distributions announced in the past few weeks include a $1.60 per share distribution from Aberdeen Latin American Equity (LAQ), $1.71 per share from the Central Europe, Russia and Turkey Fund (CEE), $2.13 per share from the Mexico Equity & Income Fund (MXE), and $3.35 from the New Germany Fund (GF).
Other significant distribution announcements during the last two weeks include the following:
Sumit Desai, CFA does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.