Great Investments You've Never Heard Of (at Motley Fool)

By Dan Caplinger (TMF Galagan) July 23, 2008 Comments (0) Smart investors know that some of the most successful investments hide in places that most people overlook. Discovering those investments isn't always easy, but the rewards often make up for the extra effort. The same principle applies to mutual funds as well. While fund investors focus their attention on traditional mutual funds or exchange-traded funds, closed-end mutual funds have remained a neglected part of the fund universe. This month's issue of the Fool's Champion Funds newsletter service, which hits the digital presses this afternoon at 4:00 ET, takes a closer look at closed-end funds. As lead analyst Amanda Kish describes for her readers, closed-end funds have some advantages that regular mutual funds and ETFs don't have -- but they also come with their own... [read full story]