2024-05-15 17:24:11 ET
Summary
- April turned out to be a little more exciting, with the broader equity market pulling back.
- This helped to create some added volatility that saw discounts widen in some closed-end funds.
- Every month I put some money to work in an effort to grow my monthly cash flow over time.
Another month, another round of adding to my closed-end fund portfolio to drive up my monthly cash flow. That said, April was a more interesting month as the overall broader equity market finally had a bit of a pullback and overall volatility increased. At one point, the S&P 500 Index had pulled back just over 5% during the month. This was the first pullback in around six months, going back to the correction level the market touched last October....
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For further details see:
5 Closed-End Fund Buys In The Month Of April 2024