Oh thanks for letting us know about Etrade. I have not heard that about the S&P vs Nasdaq as when I go into the details the holdings seem very similar and only about 25 - 29% tech stocks.
The main ones I have heard of that drip at NAV would be Schwab, E-Trade and Fidelity. You would have to call and check with your broker of choice to verify it.
You have to factor in the dividends back into the equation, not just share price. Look them up on the Morningstar website and look at the total return performance chart. They have very good returns over the years.
I guess people like the drip at nav and also the rights offerings at a discount rate? I'm still trying to wrap my head around it myself....there is higher yielding monthly ETF now than this so I'm wondering what's the point.i bought 100 shares as an experiment. 🤷
I am not sure about in the EU. You could call the Fidelity customer service number and just ask them to see if they could come up with a solution for you.
Etrade does the Drip at NAV also
I’ve heard it said that CLM is more S&P 500, and CRF more Nasdaq
I maintain equal positions in both
Does etrade DRIP at NAV for all CEFs, or just these?
Oh thanks for letting us know about Etrade. I have not heard that about the S&P vs Nasdaq as when I go into the details the holdings seem very similar and only about 25 - 29% tech stocks.
@@RIGHTNOW108 they have a list, call the corporate dept
Fidelity and merill Does drip at nav too
I didn't see a mention of the yearly fees charged by these, any idea what the fees are ?
You can look at CEFConnect and it will show the current fees.
on this date per schwab average gross expense 1.15% average gross net expense 1.15%
Do any other platforms drop CLM at NAV? As I am a non-US investor not on the standard US platforms. such as interactive brokers and Saxobank..
The main ones I have heard of that drip at NAV would be Schwab, E-Trade and Fidelity. You would have to call and check with your broker of choice to verify it.
@@themoneylodge2954 Schwab does not drip at NAV
These funds have been losing money in the share price, why would you buy these???
You have to factor in the dividends back into the equation, not just share price. Look them up on the Morningstar website and look at the total return performance chart. They have very good returns over the years.
I guess people like the drip at nav and also the rights offerings at a discount rate? I'm still trying to wrap my head around it myself....there is higher yielding monthly ETF now than this so I'm wondering what's the point.i bought 100 shares as an experiment. 🤷
Nice vid with good info. The big thing is making sure that your broker DRIP's at NAV. A bit worrisome of capital erosion over time without DRIP
Thanks. Yes, it seems like this one really performs with the DRIP.
Anyone knows any platform in EU that does Drip at Nav ?
I am not sure about in the EU. You could call the Fidelity customer service number and just ask them to see if they could come up with a solution for you.