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Thursday, 08/24/2017 9:28:40 AM

Thursday, August 24, 2017 9:28:40 AM

Post# of 204
CRF is a tiny, gimmicky fund with a high expense ratio. Unsophisticated investors are dazzled by the high payouts which can include Return of Capital.

Truth is, CRF's underlying assets earn about 1% or less from stocks like Apple, JNJ and Amazon. In the long run you'd do much better buying/holding an index fund with an expense ratio of <0.10%. Worse still, most traders will buy high and sell low... as almost always happens to frequent traders.

http://www.cefconnect.com/fund/CRF

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