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MPV - Weekly Review: High-Yield CEFs - The Benchmark Again Close To Its Highest Price
Barings Participation Investors
Introduction
Positive weekly performance for the benchmark of high-yield bonds and most of the closed-end funds which invest in them. The concerns about the coronavirus and its possible economic impact is again on focus and the investors continue to monitor the situation as one of the main threats of the high-yield bonds. However, the sector continued with its strong performance and finished the last day of the week close to its highest annual price. The closed-end funds from the area are traded at relatively high Z-scores, and we remain cautious in our choices. If the