A Split MarketIf 2020 did anything, it widened the gap between winning and losing sectors of the stock (and closed-end fund) market. We then rode BST through the pandemic crash, selling on June 26, 2020 and picking up a nice 26% in gains and dividends in the process. In the energy sector, the oil-price collapse caused many energy CEFs to simply shut down. CEF InsiderThe vast majority of the cuts were from energy funds. This overall growth in the CEF market in a very turbulent period is a strong indicator that now is a good time to buy in.

Source: Forbes February 16, 2021 15:11 UTC