- We review CEF market valuation and performance over the first week of November and highlight recent market events.
- November so far delivered NAV gains across all CEF sectors - an unusual occurrence - due to the rally in both stocks and treasuries.
- Elevated market valuations are prompting many income investors to consider taking chips off the table - we provide our take on using hedges or hedged funds.
- We also take a look at the recent shareholder reports of the pair of multi-sector convertible debt CEFs: NCV and NCZ.
For further details see:
CEF Weekly Market Review: CEF Hedges Often Promise More Than They Deliver