Subject: SR-CboeBZX-2025-072: Webform Comments from Hank Krakover
From: Hank Krakover
Affiliation: SLK Private Wealth

Jul. 8, 2025

As a portfolio manager and individual investor in Closed
end funds, I greatly support the need for annual elections. Closed end
fund boards have a long history of ignoring discounts and
accountability to their shareholders. These annual elections are very
important to help ensure that the board is serving as fiduciaries and
in the best interest of all. Without these meetings, the boards may
become more entrenched and the discounts will likely widen at the harm
of many shareholders and investors.