Weekly Commentary | November 23, 2025 | JGH Rights, Taxable CEF Discount Widening, Core Funds
Summary
Markets declined this week amid valuation concerns and uncertainty over the Fed’s next move, with small caps outperforming large caps and international stocks lagging.
Taxable closed-end fund (CEF) discounts have widened, partly due to tax loss harvesting and increased credit spreads, creating attractive buying opportunities in select funds.
Highli…
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