Conditional Offer to Buy (COB)
A "COB" is an offer to purchase offering shares under certain conditions, one of which incudes a final prie that could be greater than or less than the stated price range.
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Exchange
An exchange platform where investors can buy and sell stock. NASDAQ and NYSE are exchanges.
Can I sell my CEF shares at any time?
Yes, since CEF shares are traded on the stock exchange, you can buy or sell shares at any time during trading hours at the current market price.
What are the benefits of a CEF?
Leverage sophisticated investment strategies normally reserved for institutional investors, now accessible to retail CEFs offer regular income distributions, ideal for income-focused investors Enhance returns through leverage Higher potential income ...