I've been looking at some of the most discounted CEFs at:
https://www.cefchannel.com/screens/discount-to-nav/
Several of the most performing ones are CEFs that seem to hold a ton of energy MLPs. And they all seem to perform HORRIBLE. Like, some losing money over more than a decade, or something like that. Very, very bad performance.
Now, I have no checked down every alley to see if these were just anomalies, so don't burn me too bad if they are, but if energy MLPs perform as bad as they seem to do from what I have seen, why is that? Oil prices are sky high now, so its not like I am catching them in some huge downturn.
Thanks!
https://www.cefchannel.com/screens/discount-to-nav/
Several of the most performing ones are CEFs that seem to hold a ton of energy MLPs. And they all seem to perform HORRIBLE. Like, some losing money over more than a decade, or something like that. Very, very bad performance.
Now, I have no checked down every alley to see if these were just anomalies, so don't burn me too bad if they are, but if energy MLPs perform as bad as they seem to do from what I have seen, why is that? Oil prices are sky high now, so its not like I am catching them in some huge downturn.
Thanks!