CEF Report April 2024 | Opportunities Exist In Terms And Covered Call CEFs

Apr 17, 2024

∙ Paid

Summary

The closed-end fund ("CEF") market performed well so far in 2024, especially relative to benchmarks. Both the taxable bond CEF proxy and the tax-free CEF proxy have outperformed their passive.
We recently highlighted the opportunity in term funds. These are funds that are slated to liquidate at some point in 2024 at Net asset value.
The best opport…