MCEF News and Press, First Trust Municipal CEF Income Opportunity ETF From 12/13/20

The only space left with any real yield are some of the closed-end funds. Many of the ones that I like have monthly dividends and while most have leverage, the cost of leverage is just this side of zero. The risk/reward ratio makes some sense, where it doesn't in most other fixed-...

With hundreds of open-end and closed-end funds in the tax-exempt sector figuring out the best allocation is a daunting task. Funds-of-funds, or funds that hold other municipal funds, are attractive in providing a way to quickly gain exposure to a basket of funds and eliminate an eleme...

Since there is barely any yield in investment grade bonds, people and institutions are scrambling. Closed-end funds: the most overlooked sector of the capital markets. Closed-end funds are the ugly duckling of the markets and yet that is why they offer such opportunity. For ...

The country with the largest economy, the biggest bond market and yet, we are paying higher yields than almost every other developed country. I think the Fed is going to come under tremendous pressure to reduce interest rates even further. As our government borrows more money, and...

First Trust Municipal CEF Income Opportunity ETF (MCEF) declares $0.0625/share monthly dividend, 4.2% increase from prior dividend of $0.0600.Forward yield 3.86%Payable Nov. 30; for shareholders of record Nov. 13; ex-div Nov. 12.See MCEF Dividend Scorecard, Yield Chart, & Dividend Growth....

Multi-asset investing has grown dramatically in popularity during the last decade. This segment of the market has been relatively underserved by benchmark providers historically. Many multi-asset funds have operated without a formal benchmark or have relied on peer group approache...

First Trust Municipal CEF Income Opportunity ETF (MCEF) declares $0.06/share monthly dividend, 9.1% increase from prior dividend of $0.06.Forward yield 3.74%Payable Oct. 30; for shareholders of record Oct. 15; ex-div Oct. 14.See MCEF Dividend Scorecard, Yield Chart, & Dividend Growth. F...

I have been advising for months to be cautious. Money traditionally earmarked for bonds has now been flowing into equities. My suggestions are an extra amount of cash, possibly some puts, taking some equity profits, considering outsized dividends which can be found, with a good am...

In U.S. high yield bonds we find the riskiest of credits. I have some concerns about municipal bonds and am particularly concerned about municipal pension bonds. Our 'Borrower's Paradise' is also good news for many leveraged ETFs and closed-end funds. For further details see...

I have long described our current investing environment as a "Borrower's Paradise" and a "Fixed-Income Investor's Hell." The situation has not changed and continues along unabated. The reason for this is really just one thing, the Fed. The reason for their posture is also just really one thing...