When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
JHAA - How To Strengthen High-Yield Allocations With Term CEFs
Nuveen High Income 2023 Target Term Fund of Beneficial Interest
The high-yield sector has proven to be relatively resilient during the drawdown episode earlier this year, despite a lack of direct Fed support. A big part of this resilience has to do with the fact that the sector is long-duration and so it benefited from the drop in interest rates which partially offset the sharp widening in credit spreads. However now that credit spreads have retraced about 80% of their widening, it makes sense for investors to dial down their exposure somewhat.
Our main takeaway is that closed-end funds remain attractive investments relative to open-end