DHY - Weekly Review: High-Yield CEFs - IVH Is An Attractive Combination Of Discount And Current Yield
Introduction
The closed-end funds from the high-yield sector significantly increased their prices over the past three months. Currently, most of them are traded at positive Z-scores, which is an indication that they have lost most of their statistical edge. Still, they are traded at high discounts, but we are cautious when we select our positions due to the lack of statistical edge. I still see several interesting buying opportunities in the sector, which I am going to discuss with you in this article. Ivy High Income Opportunities Fund (IVH) is one of the funds which