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home / news releases / HYMB - Why Closed-End Bond Fund NAVs Are Down So Much


HYMB - Why Closed-End Bond Fund NAVs Are Down So Much

This is part I of a two-part piece on the current state of the CEF market.

What happens when an investor in a mutual fund sells their shares? Who buys them from the seller? The fact is, there are far more risks to open-end and exchange-traded bond funds than most are willing to acknowledge. Over the last decade, investors poured billions of dollars into bond funds in their quest for better returns in a low interest rate environment. And in the end, they have been rewarded because of that... along with declining rates and tightening

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Stock Information

Company Name: SPDR Nuveen S&P High Yield Municipal Bond
Stock Symbol: HYMB
Market: NYSE

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