MFV - CEF Weekly Review: Treat The Word Arbitrage Loosely
2024-02-25 05:56:10 ET
Summary
- We review CEF market valuation and performance through the third week of February and highlight recent market action.
- CEF performance was mixed, with MLPs and EM Equity funds outperforming.
- It's safe to ignore the word arbitrage when used in the CEF context.
- We highlight the John Hancock CEF earnings report.
Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund ("CEF") market activity from both the bottom-up - highlighting individual fund news and events - as well as the top-down - providing an overview of the broader market. We also try to provide some historical context as well as the relevant themes that look to be driving markets or that investors ought to be mindful of....
CEF Weekly Review: Treat The Word Arbitrage Loosely