BXSY: A Unique CEF, But A Poor Performance History
CEFSprott(CEF) Seeking Alpha·2024-07-16 02:07
xyom The Bexil Investment Trust (OTCPK:BXSY) is a closed-end fund, or CEF, that income-focused investors can employ as a method of achieving their goals. This is not an especially well-known fund, despite being created back in 1998. This may partly be due to the fund’s somewhat poor performance history, as its share price has declined by 19.82% over the past ten years:   Seeking Alpha This was a period of time in which the S&P 500 Index (SP500) and most other assets experienced tremendous appreciation.  ...