Summary
Closed-end fund (CEF) discounts have likely reached their nadir, with taxables tightening over 40 bps last week and signs of stabilization emerging.
I see compelling opportunities in funds like Arrowmark Financial Corp (BANX) and First Trust Inter Dur Pref & Inc (FPF), which now trade at rare, deeply discounted levels.
PIMCO Dynamic Inc Strat (PDX)…
