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FIV - Earn An Attractive Total Return From FIV - A Closed-End Fund That Terminates In 2022
First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest
As we approach the end of the year, there has been a lot of "drama" in the world, but the US and global economies are still holding up fairly well. Interest rates are still quite low, but the 10-year US Treasury yield has recently bounced up off earlier lows to about 1.77%.
If the global economy continues to creep higher, we may eventually see higher inflation appear along with much higher interest rates. Because of this, closed-end fund fixed income investors may want to consider lower duration funds with a termination date. That way, if