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$15.92
-0.150 (-0.93%)
At Close: Jul 29, 2026
PCI: A Must-Own CEF Yields 8.5% For Volatile Times
12:35pm, Tuesday, 10'th Mar 2020
A key part of building an income stream is to have core investments that can be counted on to be reliable in any conditions. When looking at CEFs, we want a hig
CEF Report March 2020: Panic Spreads Like Wildfire
11:00am, Monday, 09'th Mar 2020
Discounts were taking the escalator up for months reaching what has been historically tight levels. But as usual, panic selling sends those discounts down the e
My Cupolone Income Portfolio: Living With Price Swings
04:22pm, Wednesday, 04'th Mar 2020
The golden rule for any long-term investor: Know how to wait! February’s significant decline in the overall stock market also impacted CEFs. The recent sell-off
COVID‑19: Repercussions Could Worsen Before They Improve
02:40pm, Tuesday, 03'rd Mar 2020
There remains the possibility of a sharper-than-expected contraction in China, and the potential for quarantines and other measures to directly disrupt economic
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
09:50pm, Monday, 02'nd Mar 2020
NEW YORK, March 02, 2020 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds (each, a “Fund” and, collectively, the...
Opportunities Abound But Keep It Higher Quality
04:00pm, Monday, 02'nd Mar 2020
We have buying opportunities broadly in the closed-end fund space. It has been 14 months since the bear market of late 2018. The CEF market is no longer rich as
Even a couple of income darlings are getting hammered
08:43pm, Friday, 28'th Feb 2020
Among BDCs, Main Street Capital (NYSE:MAIN) has been the company that could do no wrong. As SA Contributor BDC Buzz noted earlier this week, MAIN's average annual return over the last 12 years (which
Panic Selling Has Hit CEFs: Time For Some Bargain Hunting
03:13am, Friday, 28'th Feb 2020
For the first time in over a year we are seeing the first signs of volatility. Many members had been clamoring about the lack of buying opportunities. After the
Monthly Pay, Full Covered 10.5% Yield From XFLT
01:40pm, Friday, 21'st Feb 2020
XFLT is an underfollowed CEF with a 10.5% yield. It currently trades at a slight premium to NAV versus its pure CLO equity counterparts. While the performance h
PDI And PCI: An Update To The Greatest Bond Funds Of All Time
12:00pm, Friday, 21'st Feb 2020
The NAVs have done better in the last 30-45 days as the dollar has rebounded against the euro and pound. PDI's NAV was ranked 16th out of 22 last year. They are
A Strategy For Sustainable, Inflation-Adjusted 7% Income
09:26am, Wednesday, 19'th Feb 2020
I describe an approach to building a high-yielding income portfolio designed to generate 7%, inflation-adjusted income. Capital preservation is the bane of a hi
A Victory Lap On 8.3%+ Yielding, Market-Crushing PCI
09:17pm, Tuesday, 18'th Feb 2020
PCI has outperformed both its sister-fund, PDI, and the S&P 500 since my recommendations in 2016 and 2017. Its high income has grown as investors have seen trem
The Chemist's Quality Closed-End Fund Report: January 2020
06:35pm, Tuesday, 18'th Feb 2020
Only funds with coverage >100% are considered. Top lists of discount, yield, D x Y, and D x Y x Z are given. Munis dominate the top D x Y x Z lists.
Never Buy A CEF At A Premium: Myopic Thinking
12:00pm, Wednesday, 12'th Feb 2020
There's an old CEF adage that you should never buy a fund at a premium to the NAV. We detail why that may be myopic thinking. Funds can trade at a premium for a
