JHAA - CEF Weekly Review: We're Less Worried About High CEF Fees Now

March, 25 2023 11:48 AM Nuveen High Income 2023 Target Term Fund of Beneficial Interest

2023-03-25 11:48:48 ET

Summary

We review CEF market valuation and performance through the third week of March and highlight recent market action.
Outside of preferred and MLP CEFs, the CEF space was broadly flat as lower Treasury yields and higher stocks provided much-needed tailwinds.
We discuss the context of the relatively high CEF fees in the current environment and advantages over lower-fee ETFs.
And highlight the distribution hikes in Blackstone loan CEFs.

For further details see:

Company Name:	Nuveen High Income 2023 Target Term Fund of Beneficial Interest
Stock Symbol:	JHAA
Market:	NYSE