Weekly Commentary | January 11, 2025 | SWZ Rights, HYT Rights, PIMCO Recovering, Adding EM Exposure

Jan 12, 2026

∙ Paid

Summary

Small caps and international stocks are outperforming early in the year, validating a recent allocation shift to these segments.
Closed-end fund (CEF) discounts are tightening, with notable upside movement in PIMCO funds like PDI and PTY, and HYT appearing attractive post-rights offering.
Distribution policy changes to monthly for TSI and BANX are …