CEF Report February 2022 | No Screaming Bargains... Yet.
Summary
Despite the weakness we've seen in CEF prices so far in 2022, we've seen a lot NAV weakness as well leaving discounts only marginally wider.
Equity CEFs remain very expensive, which is a bit confusing given the weakness in stocks. Not much value in this space outside of some tech CEFs.
Muni CEFs are getting cheaper but contain a lot of interest ra…
