IVH News and Press, Ivy High Income Opportunities Fund of Beneficial Interest From 03/05/21

For investors seeking income, appreciation, or diversification benefits, fixed income strategies are core components of a well-rounded asset allocation. In particular, we are optimistic about the high yield market-and believe that the opportunities can be maximized with active, risk-c...

Why the run-up in rates has troubled equity markets more than credit, and why we think that is poised to continue. Since the start of the fourth quarter of 2020, the U.S. 10-year yield has risen by more than 80 basis points while the spread of the ICE Bank of America U.S. Corporate BB...

The recent rise in Treasury yields has spooked the equity markets. This is obvious from the recent performance of the bond markets as compared to the stock markets. Inflation is not the cause of this rise, but rather a combination of the stimulus measures, a rebounding economy, our CO...

These are two options in the high-yield sector that look at least semi attractive at these levels for various reasons. These funds are more hybrid funds like ARDC with some allocation to leveraged loans helping to diversify the portfolio. The high-yield space, as I've noted severa...

Global recovery optimism, especially in the US, is leading to speculation over when the Fed might take its foot off the accelerator and buy fewer Treasuries and Agencies. Increasingly, parallels are being drawn to similar events in 2013. In this Q&A, we look at when such a sha...

Twenty-two out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. Limited duration is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: February 7, 2021

Economic growth is returning to almost every country in the world, and almost all commodity prices are rising. The thing to worry about is the direction of fiscal policy, which will almost certainly bring us higher taxes, increased regulatory burdens, and more expensive energy. Fo...

It is my opinion, when considering both the inflation component and the credit risk component, that most bonds are not providing any real value currently. One strategy that should be considered is not buying any more bonds at present. The second is to take a careful look at your portf...

Only funds with yield over 7.5%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxYxZ funds are DSL, HPI, and HPF. For further details see: 'High-High-Low' Closed-End Fund Report, (Belated...

Risk assets have compressed in yield against Treasuries, so that any meaningful yield of anything has gotten wrung out of the markets. For the first time ever, yields in the High Yield markets are now less than 4.00%. In other words, you are getting paid about nothing for credit risk....