Closed-end funds (CEFs) are relatively under the radar compared to peers like exchange-traded funds (ETFs) and mutual funds. Closed-end funds are generally desirable for two reasons: 1) high income; and 2) premium/discount mechanism. But despite these higher yields, these funds are primarily invested in by a niche group of retail investors. Combining them with ETFs [...] The post Passive vs. Active ETFs of CEFs appeared first on ETF Trends .