Closed-end ETF quietly yields 15% and outperforms most bonds
Quick reading CEFS ETF offers a 15% year-to-date return and a 6% return by targeting closed-end funds trading up to 15% below their net asset value. Boaz Weinstein’s Sabra Capital uses proxy battles to force share buybacks and fund conversions, actively closing NAV discount gaps to turn a profit. An expense ratio of 2.61% and…