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Daily NAV Trading Strategies for Closed-End Funds by chrishn is a document available to read on EtoBox.

This study analyzes the profitability of short-term trading strategies for closed-end funds using daily net asset value (NAV) data. It finds that buying fund shares after significant negative discount changes can yield profits, while short-selling after positive changes does not result in average profits. The research highlights the importance of individual investors being aware of discount fluctuations when trading closed-end funds.

Author
chrishn
Language
EN