Closed-end funds are like the dark horse of the investment world.
They are not mentioned very often but they could make you some serious money.
There are a bunch of differences between a closed-end fund and an open-end -- or regular -- mutual fund.
They are bought and sold differently and a closed-end fund's portfolio could be a little riskier.
But that extra risk could mean extra upside -- higher dividends -- bigger returns. Of course it could also mean bigger downside and lower returns. So give us 60 seconds, watch the video above and learn if closed-end funds could be right for your portfolio.
For more 60-second tips, check out these links below:
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Be sure to check out "7 things investors must know". You can prep your portfolio for 2018 and beyond with these tips from our experts. Just click here!