GIM - November CEF Distributions Were OK But Storms May Be On The Horizon
November CEF distribution announcements came and went without much fanfare, which is just the way we like it. On the first of the month we typically see the announcements from several of the large fund sponsors like Blackrock, Nuveen, PIMCO, MFS, Dreyfus, Invesco and Eaton Vance.
We are on top of these announcements - down to their somewhat predictable timing during the day - as any surprising cuts do not typically get reflected into the price for several minutes or hours (and in some rare cases, days!). This gives us and our members a leg