Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

JHI: Recession Incoming, Avoid

03:53am, Sunday, 14'th May 2023
The JHI fund focuses on a portfolio of junk bonds to generate a high yield. The JHI fund recently cut its distribution to $0.1925 / quarter or 6.1% annualized. This was predictable and expected.
We review CEF market valuation and performance through the second week of March and highlight recent market action. CEFs mostly struggled, outside of the higher-quality sectors as two bank failures sp
The JHI fund focuses on investments in junk bonds to generate a high yield. It has a current yield of 9.3%.
12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.
VTA: Do I Go Or Stay? (Spoiler Alert - I'm Outta Here!)
JHI is easy to miss, billing itself as an investment grade bond fund on CEF Connect when it really isn't. Fortunately, it also doesn't have the super-low yield of a typical investment grade bond fund.
BOSTON, MA, Jan. 20, 2021 /PRNewswire/ - John Hancock Financial Opportunities Fund (NYSE: BTO), John Hancock Hedged Equity & Income Fund (NYSE: HEQ), John Hancock Income Securities Trust (NYSE: JHS),
JHI is a bit like BTZ or BIT with a corporate bond focus up and down the credit spectrum but centered on the BB area. The fund boasts a very strong long-term track record.
The eight John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended July 31, 2020. The same data for the comparable three month period ended July 31, 2019

Preferreds CEF Sector Update

07:40am, Wednesday, 05'th Aug 2020
We give an update of the preferreds CEF sector. In aggregate the sector is trading at an expensive valuation - very close to its 7-year high premium.

Performance

09:35am, Wednesday, 15'th Jul 2020
There are appreciation plays, mostly dominated by hi-tech, or cash flow plays, mostly dominated by closed-end funds that pay dividends monthly.

Weekly Closed-End Fund Roundup: June 21, 2020

09:40am, Tuesday, 30'th Jun 2020
4 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. Preferreds have the highest sector

The Reopening Killed The V-Shaped Recovery

07:43am, Monday, 29'th Jun 2020
This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activ

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.
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