Generally they invest in closed end funds trading at a discount then try to get management to take some action, like a share tender, that will narrow the discount. (longtermvalue.wordpress.com)
Instead, the county ended the funding for the program after the second year. (educationnext.org)
Think about doing things where other people's panic does not impact you, e.g., is there a place for closed end funds in a long - term investment portfolio? (mutualfundobserver.com)