2024-07-24 11:33:23 ET
Summary
- Income assets and financial markets have surged, with only local EM debt in the red year-to-date, due to dollar strength.
- Our countercyclical approach has led to the culling of high-flyers like BDC Gladstone Capital and the CEF Nuveen Preferred and Income Term Fund.
- We highlight opportunities in securities that have lagged the market across the CEF and BDC sectors.
Income assets and the broader financial market have zoomed higher over the last while. Across the income sectors we track, only local EM debt is in the red year-to-date, and that's only because of dollar strength....
Read the full article on Seeking Alpha
For further details see:
Opportunities In Income Securities That Have Lagged The Rally