HYI - Current Alpha Opportunities In The CEF Space
2024-06-21 05:52:43 ET
Summary
- With market valuations back to expensive levels, we are looking at a number of alpha strategies in the CEF space.
- These include interval and term funds, relative value as well as leaning against investor flows.
- We highlight a number of attractive funds such as RSF, PFO, BGH and others.
The Fed's turn to rate hikes in 2022 after a lengthy pause drove down asset prices across the board and pushed up volatility. Now that the hiking cycle looks to be complete, and market participants are expecting cuts, market valuations across both fixed-income and equity sectors have returned to expensive levels....
Current Alpha Opportunities In The CEF Space