EXD News and Press, Eaton Vance Tax-Advantaged Bond of Beneficial Interest From 09/17/20

New York (September 15) - One of the more troubling admissions of Federal Reserve Chair Powell at his speech last month was his acknowledgement that "r-star" (r*), or the "natural" rate of interest, had fallen by some 50% since 2012. As Chair Powell described it: This rate (the r*rate) ...

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Written by Nick Ackerman, co-produced by Stanford Chemist The Eaton Vance Tax-Managed Buy-Write Strategy Fund ( EXD ) is having a relatively good year considering other areas of the market are still underwater. EXD is slightly down on a YTD total return basis; however, the tech tilt in t...

Written by Nick Ackerman, co-produced by Stanford Chemist Eaton Vance Tax-Managed Diversified Equity Income Fund ( ETY ) is currently trading at an enticing discount relative to the last several years. To see this type of valuation for an extended period, we would have to go back to 2016...

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There's no way to overstate just how much the COVID-19 pandemic has disrupted our daily lives and the broader economy - and the municipal market is no exception. To take stock of where the muni market is now and what we should look for going forward, we turned to Baird Municipal Analyst Mike S...

Of all of the Fixed-Income markets, Municipals are the most disjointed. Yes, there are some large state issues, where liquidity can be found, but there are also very small issues, from small municipalities, that are not only general obligation bonds but also revenue bonds from school districts...

Written by Nick Ackerman, co-produced by Stanford Chemist In the closed-end fund world, there are plenty of fund sponsors offering funds worthy of investing. Investors looking at getting started with CEFs may be interested in knowing where to get started. One of the first steps that can ...

I make no political comment. None, as in Zero. My attention is fully focused on the markets and what is driving them, as we proceed through our hectic summer. It is clear to me, in this pursuit, that certain actions are pushing the markets one way and another, fiercely, depending upon the surg...