Post by Admin on Dec 17, 2023 14:02:13 GMT -5
This is a weekly posting seekingalpha.com/marketplace/1263-systematic-income/analysis/5965182-cef-weekly-review-leveraged-muni-cefs-come-back-from-the-dead?mailingid=33717345&messageid=service-rta-article&serial=33717345.217
"Leveraged Muni CEFs Come Back From The Dead...At this point, with the 10Y Treasury yield around 0.8% below the recent peak, leveraged Muni CEFs are somewhat less compelling from a total return perspective. And, as discussed above, they are less compelling on a net income basis than unleveraged funds. However, once the Fed begins to cut rates, their net income efficiency will improve over time which will make them more appealing from this angle."
FD: HY Munis have been my top trading vehicle since Nov 1st
I love reading CEFs weekly postings by several services, they discuss generic markets and insights.
"Leveraged Muni CEFs Come Back From The Dead...At this point, with the 10Y Treasury yield around 0.8% below the recent peak, leveraged Muni CEFs are somewhat less compelling from a total return perspective. And, as discussed above, they are less compelling on a net income basis than unleveraged funds. However, once the Fed begins to cut rates, their net income efficiency will improve over time which will make them more appealing from this angle."
FD: HY Munis have been my top trading vehicle since Nov 1st
I love reading CEFs weekly postings by several services, they discuss generic markets and insights.
