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home / news releases / cef weekly review bank wobble drives deleveraging in


PTA - CEF Weekly Review: Bank Wobble Drives Deleveraging In Some Preferreds CEFs

2023-04-30 01:47:42 ET

Summary

  • We review CEF market valuation and performance through the third week of April and highlight recent market action.
  • The CEF market was mostly down as interest rates and credit spreads rose over the week.
  • A number of preferred CEFs deleveraged in March on the back of the bank tantrum.

For further details see:

CEF Weekly Review: Bank Wobble Drives Deleveraging In Some Preferreds CEFs
Stock Information

Company Name: Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund of Beneficial Interest
Stock Symbol: PTA
Market: NYSE
Website: cohenandsteers.com/

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