CEF Advisors' Scott: Discounts have narrowed but bargains remain
John Cole Scott, chief investment officer at Closed-End Fund Advisors and the executive chairman of the Active Investment Company Alliance, says that while discounts have narrowed as the stock market has rebounded from its March lows, many closed-end funds and business-development companies remain attractive, with prices well below historic norms. He offers four closed-end funds and one BDC to consider as attractive examples now.
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