# The closed-end fund (CEF) aisle is where we do our best bargain shopping.

*business · news · 2026-04-10 · Investing.com*

## Key points

- General American Investors (GAM) currently trades at a 12% discount to NAV, less than its 5-year average.
- Liberty All-Star Equity Fund (USA) is trading at a 10% discount, its largest in five years.
- Calamos Strategic Total Return Fund (CSQ) now trades at a 10% discount, much wider than its usual 1-2%.
- BlackRock MuniHoldings (MHD) recently changed managers after Walter O’Connor stepped down in March 2026.
- Nuveen Floating Rate Income Fund (JFR) trades at a 12% discount, well below its 5-year average of 7%.

**Companies:** Alphabet, Microsoft, Berkshire Hathaway, Nvidia, Apple, General American Investors, Liberty All-Star Equity Fund, Calamos Strategic Total Return Fund, BlackRock Muniholdings, Nuveen Floating Rate Income Fund
**Countries:** United States

[Read the full story on Investing.com](https://www.investing.com/analysis/the-markets-panic-is-our-payday-5-cheap-cefs-yielding-up-to-129-200678214)

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