$10.50
-0.0100 (-0.0951%)
At Close: Aug 10, 2026
CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities
01:00pm, Friday, 15'th Dec 2023
Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, mea
HYI: No Leverage, No Problems
10:56am, Sunday, 24'th Sep 2023
Leveraged closed-end funds are facing headwinds of rising costs associated with leverage in a higher interest rate environment. The Western Asset High Yield Defined Opportunity Fund offers exposure to
Certain Closed End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Appointment of New Lead Independent Director
08:00am, Thursday, 10'th Nov 2022
The Board of each Fund announced today the appointment of Eileen Kamerick as Lead Independent Director, effective November 8, 2022. Ms. Kamerick replaces William Hutchinson, the former Lead Independen
HYI: When High Returns Are Not Forever
01:06am, Tuesday, 08'th Nov 2022
HYI is a fixed-income closed-end fund. What makes HYI stand out is its term structure, with the fund set to terminate on or about September 30, 2025.
HYI: High Yield Fund, No Leverage, Attractive Monthly Distribution
08:37pm, Sunday, 28'th Aug 2022
HYI is a non-leveraged fund that operates in the high-yield space. During times of volatility and higher interest rates, no leverage can be a benefit.
The 'High-High-Low' Closed-End Fund Report, July 2022
05:00pm, Tuesday, 09'th Aug 2022
Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October, and November 2022
08:00am, Tuesday, 02'nd Aug 2022
NEW YORK--(BUSINESS WIRE)--Category: Distribution Related
HYI And HYB: 2 High Yield Bond Funds Worth A Look
06:45pm, Wednesday, 20'th Apr 2022
HYI and HYB both offer exposure to a portfolio in the high yield space; high yield bonds provide reduced interest rate sensitivity. One of the primary differences is that HYB is leveraged while HYI is
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2022
08:00am, Wednesday, 16'th Feb 2022
NEW YORK--(BUSINESS WIRE)--Category: Distribution Related
Closed-End Funds HYI And UTF: Letting Valuation Guide Your Investing
11:45pm, Thursday, 30'th Dec 2021
HYI and UTF are prime example of why discounts/premiums matter with closed-end funds. Sometimes the valuations take longer to play out than others; HYI's example happened quite quickly.
CEF Weekly Market Review: Beware Of The Free CEF Lunch
03:52pm, Saturday, 30'th Oct 2021
We review CEF market valuation and performance over the third full week of October and highlight recent market events. Equity-linked CEF sectors have been supported by strength in equities while highe
HYI: Latest Report Shows The Impact Of Declining Rates
09:35am, Wednesday, 18'th Aug 2021
HYI: Latest Report Shows The Impact Of Declining Rates
HYI: High Yield, No Leverage, Term Structure Fund Worth A Look
03:29am, Thursday, 01'st Jul 2021
HYI: High Yield, No Leverage, Term Structure Fund Worth A Look
HYI: An Attractive Unleveraged High Yield Closed-End Fund
10:18am, Sunday, 21'st Feb 2021
HYI is an unleveraged high yield portfolio; this can make it relatively less volatile than other high yield CEF options. The latest report has been released; in there, we can see that lowered interest
FTHY: Opportunity In This Term Fund
12:37pm, Sunday, 07'th Feb 2021
FTHY: Opportunity In This Term Fund
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