Parametric Enhanced Income Core 2018 Banner

Parametric Enhanced Income Core

November 11, 2019
Closed-end funds are one of the oldest types of collective investment vehicles in the US. Unlike open-end funds, closed-end funds raise capital during an initial public offering and don't create or redeem shares in response to investor flows. Many investors are drawn to the closed-end fund universe as a source of income.

In this paper we highlight how closed-end funds may lend themselves to this aim as well as some of the potential drawbacks. We also describe an investment process designed to efficiently capture a stable income stream from the closed-end fund universe. This process will necessarily evolve over time to meet investment targets.

Download this paper

Alexander Paulsen photo

Alexander Paulsen

Director of Research (emeritus)

More to explore

Blog post

2022 Bond Outlook: Solid Markets Despite Inflation Threats

Evan Rourke}
Bernie Scozzafava}

Bonds performed well in 2021. Expect more of the same in 2022, even amid risks.