3min chapter

Money For the Rest of Us cover image

Investing in Business Development Companies (BDCs) and other Niche Assets That Trade on Stock Exchanges

Money For the Rest of Us

CHAPTER

How to Invest in Closed-End Funds

Preferred stocks make up about $400 billion in terms of total market size. They own and operate income-producing commercial real estate, such as office building, shopping centers,. apartments, and many other property types. A next type of security that trades on stock exchanges are closed-end funds. master limited partnerships get special tax treatment by paying out 90% of its cash flow to shareholders.

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