DYFN - CEF Report December 2020: What's Next After A Spectacular Month?

• November was one of the best months for markets in general and that includes CEFs, which rallied hard. Our Core Portfolio was up 7.2% in the month.
• Discounts have tightened materially in the last month but still remain much wider than at the start of the year.
• We describe why we think this is still a great time to own CEFs as the January effect and a few other variables are at play.
• We discuss some distribution changes from DSL, DYFN, and EHT.
• There remain some good buying opportunities and just as many sell opportunities. We list a few of each.

For further details see: