Yield Hunting

Yield Hunting

Share this post

Yield Hunting
Yield Hunting
Weekly Commentary | April 20, 2025 | Best And Worst NAVs, BTX, FMY/BKT/JMM/DLY
Copy link
Facebook
Email
Notes
More

Weekly Commentary | April 20, 2025 | Best And Worst NAVs, BTX, FMY/BKT/JMM/DLY

Yield Hunting's avatar
Yield Hunting
Apr 21, 2025
∙ Paid
1

Share this post

Yield Hunting
Yield Hunting
Weekly Commentary | April 20, 2025 | Best And Worst NAVs, BTX, FMY/BKT/JMM/DLY
Copy link
Facebook
Email
Notes
More
Share

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 …

Keep reading with a 7-day free trial

Subscribe to Yield Hunting to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Yield Hunting
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More