BTZ - Volatility Breeds Opportunity: Closed-End Fund Income Ideas At A Discount
Recent volatility has created opportunities to invest in high-yielding leveraged credit closed-end funds trading at a discount to net asset value.
2018 can be summed up in one word-volatility. To some, that word may have negative connotations. At BlackRock, we embrace volatility and look for opportunity. In our view, leveraged credit focused closed-end funds ("CEFs") may present a opportunity for income investors seeking attractive yields.
Recent economic data confirms that the global growth is slowing, inflation remains moderate, and financial conditions have tightened. As a result, the Federal Reserve may be nearing its neutral policy