BFO - Term CEF Ladder #6: Convertible Bond And Preferred Stock Funds
The first article in this series, which framed our investment objective and introduced the idea of a Term CEF Ladder, can be found here. We then covered Mortgage Bond, Senior Loan, and High-Yield CEFs. A discussion in the comments section of our HY CEF article prompted me to pen a second article on assorted Corporate Bond CEFs, which among other things compared the liquidation strategies of several CEFs with 2018 termination dates.
This sixth article in the series will focus on convertible bond and preferred stock Term CEFs, with one corporate/structured