JPC - Weekly Review: Preferred Stock CEFs
Introduction
Over the last 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 such as us. Now that these products have 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 News
Source: Author's Software
Over the past week, several closed-end funds announced their monthly distributions:
- First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (