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There's a historic sale in mutual funds, thanks to stock-market turmoil

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Closed-end funds have just plunged to their biggest discounts to intrinsic value in years

If you’re looking to snap up some investments at a bargain amid the recent market turmoil, check out closed-end funds.

These regulated mutual funds, which trade on the stock market like a regular company stock, have just plunged to their biggest discounts to intrinsic value in years — and in some cases, decades.

 

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Market turmoil creates a historic sale in these mutual fundsClosed-end funds have just plunged to their biggest discounts to intrinsic value in years
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