CEF Report October 2021 | Cracks Form In The Cement
Summary
The CEF market has taken a small step back in the last month, especially in the rate sensitive areas of the market.
Munis have seen discounts widen and NAVs fall by a not insignificant amount. If you believe rates have peaked, it may be a good time to get in.
Closed-end funds are a backdoor way to get into private debt markets through their closed…
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