TheStreet's Robert Powell recently hosted an all-star panel of experts who explained everything you need to know on closed-end mutual funds, an often-overlooked investment class. This is sponsored content.
This year marks the 150 year anniversary of the closed-end fund structure or CEFs. Although, not as highly publicized or as well known as ETFs, CEFs have long been valued by advisors and investors as a tool for potentially boosting investment income. So what are the advantages and disadvantages? TheStreet's webinar Why Closed-End Funds Could Deliver a Powerful Income Portfolio Boost is sponsored by Nuveen.
The Dow Industrials in particular produced a solid spurt higher, but the average stock has underperformed the indices.
I am sick and tired of reading stories about how buybacks inflate earnings and are, therefore, phony.
The Chinese government could intervene to support its markets, but the charts suggests China's key stock index could decline further near term.
Analyst downgrades and mind-boggling P/E ratios do not matter in this current market.
It's time to start asking your financial advisor some serious questions on performance.