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TMaga

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TMaga

Re: None

Wednesday, 05/05/2021 9:26:15 AM

Wednesday, May 05, 2021 9:26:15 AM

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These are not generally what you would consider a growth fund where the share value with somehow skyrocket someday. They have to distribute all the profits if there are any. Closed end is also a double edged sword. Less dilution and also less liquidity if you want to sell.
At least it prevents mass dilution by the MMS"
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