CEF Report May 2022 | NAVs Are More Important Than Discounts
Summary
Markets continue to head lower in a steady manner. The rebound we saw in March was short-lived.
Defense remains the name of the game and we would recommend those who are not buy-and-holders to remain in the bunker.
For those looking to hold something in CEFs (like I do), I think moving from loans and "credit" towards high quality and even some dur…
