1 out of 22 CEF sectors positive on price and 0 out of 22 sectors positive on NAV last week. Senior loans lead while real estate lags.
17 out of 22 CEF sectors positive on price and 18 out of 22 sectors positive on NAV last week. RSF offering results.

The Month In Closed-End Funds: January 2023

01:38am, Wednesday, 08'th Feb 2023
For the third month in four, equity CEFs (+5.60% on a NAV basis) on average witnessed positive performance. While their fixed income CEF cohorts (+4.08%) posted gains for the second month in three.
KIO trades at a discount to NAV of -11% and offers a forward annual yield of 12.5% with monthly distributions. After a poor return in 2022, this taxable fixed-income fund is shaping up nicely in 2023

Quick Notes: KIO Rights Offering

06:32am, Sunday, 29'th Jan 2023
KIO announces a rights offering. This offering may be highly dilutive to NAV.
We review CEF market valuation and performance through the third week of January and highlight recent market action. CEFs had another strong week with most sectors seeing both NAV gains and discount t
Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given.
Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Quality Closed-End Fund Report, November 2022

10:06pm, Monday, 05'th Dec 2022
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.

KIO: 12% Yield From This Fixed Income CEF

01:29am, Tuesday, 25'th Oct 2022
KIO is a high-yield bond / leveraged loan CEF from KKR. The fund is overweight CCC credits and has leverage on top, running significant credit risk.
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.

KIO: Not Set Up For A Recession

07:47am, Monday, 20'th Jun 2022
KIO is a fixed income closed end fund from KKR focusing on high yield. The fund has a high concentration of CCC and Not Rated credits.
Eagle Point Income: A Unique Value In Our Current Environment
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.

Quality Closed-End Fund Report, February 2022

04:31am, Friday, 25'th Feb 2022
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are EHI, JPI and WEA.
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