Summary
The markets were mixed with small caps outperforming; S&P 500 and Nasdaq down, while international markets saw gains due to tariff reprieves.
Discounts in taxable bond CEFs are improving, while muni CEFs face wider discounts; convertibles and CLOs show significant NAV drops.
Recommended investments include FMY, JMM, DMO, and DBL for stability; DLY …
