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Preferred Sector | They Look A Bit Better

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Yield Hunting
Mar 26, 2021
∙ Paid

Summary

  • The preferred sector has been rich since the end of the summer and that hasn't changed. But CEF valuations have cheapened just a bit to make them worth a look.

  • But unless we see another significant downturn and volatility, prices can remain near par for an extended period of time.

  • In the last week, we've seen price weakness in CEFs because of the f…

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