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DMF - Weekly Review: Municipal Bond CEFs - Positive Performance For The Sector
Dreyfus Municipal Income Inc.
Introduction
Over the past few months, most of you have noticed our increased activity in closed-end funds as the inflow of volatility finally shook them up and created various arbitrage, and directional opportunities for active traders like us.
Now that these products have grabbed our attention, we are continuously monitoring most funds by sector and will reinstate our Weekly Review, publishing a recap of the groups of interest.
The Benchmark
The price of iShares National Muni Bond ETF (MUB) rose by $0.17 and finished the last session of November at $114.05 per share.