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On June 26, 2020, Delaware Investments Dividend and Income Fund, Inc. (NYSE: DDF) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0509 per share to shareholders
On June 26, 2020, Delaware Enhanced Global Dividend and Income Fund (NYSE: DEX) (the “Fund”), a closed-end fund, paid a monthly distribution on its co

Weekly Closed-End Fund Roundup: June 14, 2020

07:49am, Tuesday, 23'rd Jun 2020
Risk-off week as 4 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Munis lead while MLPs lag. Big cuts to KYN/KMF.
Today, Delaware Investments Dividend and Income Fund, Inc. (NYSE: DDF) (the "Fund"), a New York Stock Exchange–listed closed-end fund trading under the symbol "DDF," announced that, effective June 1
On May 29, 2020, Delaware Investments Dividend and Income Fund, Inc. (NYSE: DDF) (the “Fund”), a closed-end fund, paid a monthly distribution on its c
Many investors find it difficult to sell high-quality winners. But when high prices push expected future returns low enough, even the stocks of the best busines

Looking At The Debt Markets

05:29am, Monday, 27'th Apr 2020
Blood in the Streets creates opportunities and I think there are a number that have presented themselves now. There are Investment Grade energy company bonds th
A bankruptcy is very unlikely in a closed-end fund. Even in the extreme case of MLP and energy related funds this month, we still didn't see any go bust. The re

Reviewing The CEF Space And Our Portfolio Strategy

11:03am, Wednesday, 15'th Apr 2020
I'm still negative on the markets today and think investors believe we will go back to the way we were before this crisis. The recent pricing action appears to
23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV this week. EDD and MSD reduce distributions by -7.7%. Look for rotation oppo
The bond markets are integral to our Capital Markets and way larger than the equity markets. Bonds in normal times were buy and hold entities so they didn't ell
Today, Delaware Investments Dividend and Income Fund, Inc. (the "Fund"), a New York Stock Exchange–listed closed-end fund trading under the symbol "DDF," declares a monthly distribution of $0.0831 p
None out of the 23 CEF sectors positive on price and zero out of 23 sectors were positive on NAV this week. Liquidity crash hits CEFs. NHF cuts by -50%, but sti
Zero out of 23 CEF sectors positive on price and zero out of 23 sectors positive on NAV this week. MLPs lead the downside. Several CEFs deleverage. Watch for ab
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