Published Sat, 12 Jan 2019 08:00:00 -0500 on Seeking Alpha
The opportunities in closed-end funds over the last few months caught the eye of many investors. Most of these products are designed to provide a steady stream of income, usually on a monthly or quarterly basis, as opposed to the biannual payments provided by individual bonds. And this feature continues to attract market participants even when the overall market looks unstable.
In spite of CEFs being mostly of interest to income investors, we have found our path to approach them as active traders, and we are constantly monitoring them. As a testament to this, you will be kept up to date with Weekly Reviews such as the one below.
A solid week for the high-yield sector. The main benchmark, the iShares iBoxx $ High Yield Corporate Bond ETF (HYG), increased its price by 1.35 points in the first trading days of the new year. The main index finished the week in a green territory and managed to close at $82.39 per share. The last green bar on the chart is something which we have seen recently. Is it an indication for returned confidence in the sector? I think the next several weeks are very crucial to show what will be the direction and the mood. I cannot miss highlighting the higher premium which investors seek to invest in riskier assets such as high-yield bonds. You can find more information in the next section of our review.
Source: Barchart, iBoxx $ High Yield Corp Bond iShares
Statistical Comparison And Spread Review Of The... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|MFS INTERMEDIATE HIGH INCOME FUND||2.52||0.0||0.00||0.00||9.58|
|CS HIGH YIELD BOND FUND||2.50||0.0||0.00||0.00||9.12|
|NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND||11.76||0.0||0.00||0.86||7.36|
|ISHARES IBOXX $ HIGH YIELD CORPORATE BOND FUND||86.74||0.0||0.00||4.60||5.30|
|SPDR S&P 500 ETF||298.83||0.0||0.00||5.42||1.81|
Older articles featuring Mfs Intermediate High Income Fund (CIF):Weekly Review: High-Yield CEFs - BGH Announced Its Monthly Dividend For July 2019 Of $0.1482 Per Share
Low Yield, No Yield, Negative Yield - Buy Now, But Don't Forget To Sell
Weekly Review: High-Yield CEFs - A Slight Decrease In The First Week Of July
Weekly Review: High-Yield CEFs - A Slight Retracement For The Benchmark
Weekly Review: High-Yield CEFs - New Fresh High For The Sector
Weekly Review: High-Yield CEFs - Slight Increase For The Benchmark In The Week Before The Fed Meeting
Weekly Review: High-Yield CEFs - An Extremely Positive Performance From The Sector
The Dollar, High-Yield Bond Market And S&P 500 Revenue Growth
Weekly Review: High-Yield CEFs - The Sector Finished The Final Week Of May In Red Territory
Weekly Review: High-Yield CEFs - Third Consecutive Negative Week For The Benchmark