Previous 10 | Next 10 |
By Scott DiMaggio and Gershon Distenfeld Most of the global bond market sold off sharply in the first quarter as the coronavirus crisis emerged and intensified. Economic activity halted across much of the world. Credit spreads—yields relative to comparable-maturity government bond ...
As a professional bond manager glued to a screen watching prices every day, it's hard to fathom that just a few weeks ago when March began corporate bond spreads were below historical averages¹. Flash forward, through what seemed like an eternity at the desk (or home office!), and those s...
Anthony Okolie recaps the biggest news of the day including the latest COVID-19 developments, followed by a conversation with Greg Kocik, Head of High Yield Bond Group, TD Asset Management, about the potential opportunities in the high yield and corporate bond space. Original Post ...
Author's note : This article was released to members on March 24, 2020, and includes a rare reposting of our weekly commentary and actionable ideas. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund se...
By Brian Levitt, Global Market Strategist, North America ; Timothy Horsburgh, CFA, Investment Strategist ; and Talley Léger, Senior Investment Strategist Our Global Market Strategy team is examining a new set of indicators to gauge when a new market cycle may be ready to begin. ...
“Convince me why I shouldn’t buy junk bonds.” It wasn’t a challenge. My colleague Kyle was looking at some of the juicy yields on offer in high-yield bonds and was legitimately wondering why he shouldn’t load up his IRA with them. I’m not saying ...
As we roll through 2020, it is quite evident that we are all having an out of time, and space, and experience, moment. It is a medical crisis leading to a health crisis enlarging into an economic crisis and they are all three happening simultaneously. Each crisis founded upon the shoulders of ...
Author's note: This article was released to CEF/ETF Income Laboratory members on March 16, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight rec...
The credit market will be pivotal during the current crisis. In 2008, we had a problem in the credit market (Subprime mortgages), which made financial institutions move into credit tightening mode. Soon, that start cascading into the real economy. The current environment inverts that relation...
Everyone Wanting To Buy Suggests The Bear Still Prowls "If you own 10% equities, as we do, and the market falls 100%, you will lose 10%. That said, you have 90 cents on the dollar to buy equities for free." - Michael Lebowitz Let me explain his comment. Last week, we wrote a...
News, Short Squeeze, Breakout and More Instantly...
MFS Intermediate High Income Fund Company Name:
CIF Stock Symbol:
NYSE Market:
Shares of MFS Intermediate High Income Fund (NYSE:CIF) traded at a new 52-week high today of $2.99. Approximately 57,000 shares have changed hands today, as compared to an average 30-day volume of 78,000 shares. Mfs Intermediate High Income Fund is a United States based diversified close...
MFS Intermediate High Income Fund (NYSE:CIF) traded today at a new 52-week high of $2.95. Approximately 55,000 shares have changed hands today, as compared to an average 30-day volume of 74,000 shares. In the past 52 weeks, MFS Intermediate High Income Fund share prices are bracketed by ...
MFS Investment Management ® (MFS ® ) announced today monthly distributions of the following closed-end funds, all with declaration dates of January 2, 2019, ex-dividend dates of January 15, 2019, record dates of January 16, 2019, and payable dates of January 31, 2019: ^The fun...