Weekly Commentary | June 14, 2026 | ASA Options, Discount /NAV Discussion, RQI Rights/ Swaps
Summary
Taxable CEF discounts have widened to near -7%, reflecting a shift to higher leverage cost expectations and bear-steepening in the long end of the yield curve.
Small caps and international equities remain my focus for the back half of the year, with small caps reaching new all-time highs.
MFS Muni Income (MFM) emerges as one of the cheapest high-yi…
