2 Closed-End Funds Worth A 'Buy'

Nick AckermanInvesting GroupFollow5ShareSavePlay(8min)Comment(1)SummaryThe broader equity market has been softer lately, leading to some opportunities to put some cash to work.Given the increased volatility, this has also put pressure on closed-end funds, and we have started to see some discounts start to widen.Today, we take a look at two closed-end funds that provide investors with attractive distribution rates at attractive discounted valuations.This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » Eoneren/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist With the broader equity markets starting to wobble into pullback territory, it can be a good time to start looking at places to put some of your dryThis article was written byNick Ackerman16.07K FollowersFollowNick Ackerman is a former financial advisor using his experience to provide coverage on closed-end funds and exchange-traded funds. Nick has previously held Series 7 and Series 66 licenses and has been investing personally for over 14 years.He contributes to the investing group CEF/ETF Income Laboratory along with leader Stanford Chemist, and Juan de la Hoz and Dividend Seeker. They help members benefit from income and arbitrage strategies in CEFs and ETFs by providing expert-level research. The service includes: managed portfolios targeting safe 8%+ yields, actionable income and arbitrage recommendations, in-depth analysis of CEFs and ETFs, and a friendly community of over a thousand members looking for the best income ideas. These are geared towards both active and passive investors. The vast majority of their holdings are also monthly-payers, which is great for faster compounding as well as smoothing income streams. Learn More.Analyst’s Disclosure: I/we have a beneficial long position in the shares of BDJ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.