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EVM - CEF Weekly Review: Why We Are Less Worried About Distribution Coverage Right Now
June, 11 2022 07:31 AM
Eaton Vance California Municipal Bond Fund of Beneficial Interest $.01 par value
We review CEF market valuation and performance through the first week of June and highlight recent market action. The CEF space was down marginally this week as the previously strong rally stalled. We discuss why we are less worried about relatively low distribution coverage in the High Yield CEF sector. And highlight some news from XFLT, PIMCO Muni funds and others. For further details see:
CEF Weekly Review: Why We Are Less Worried About Distribution Coverage Right Now
Stock Information
Company Name:
Eaton Vance California Municipal Bond Fund of Beneficial Interest $.01 par value
Stock Symbol:
EVM
Market:
NYSE
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