Closed-End Fund (CEF) NAV Discount Solver

Underwrite buying high-distribution municipal, corporate debt, or real estate CEFs trading at 10%–18% discounts to their net asset values, boosting effective cash yields.

CEF Capital & Discount Spread

Total CEF Capital Invested ($ USD)

Stated Distribution Rate on NAV (%)

Current Market Price Discount to NAV (% - e.g. -12.5%)

Effective Yield & Discount Alpha

Effective Cash Yield on Market Price

10.57% Enhanced Cash Yield

Annual Cash Distributions Received

+$10,571 / yr ($881/mo)

Capital Gain if Discount Narrows to Zero

+$14,286 Pure Capital Gain