I use a systematic 'Triple-Factor' screen to identify CEFs with high yield, strong coverage, and discounts to NAV for optimal risk/reward. Top candidates offer yields above 7.5%, coverage above 90%, ...

The Funds declare a set of monthly distributions each quarter in amounts closely tied to the respective Fund’s recent average monthly net income. As a result, the monthly distribution amounts for the ...

Securities and Exchange Commission (SEC) Chair Paul Atkins indicated he favors changing the agency’s requirement that only the wealthy can invest in so-called “closed-end” private equity funds and ...

Each fund will send shareholders a Form 1099-DIV for the calendar year that will tell shareholders how to report these distributions for federal income tax purposes. For more information on ...

Statements earlier this week by SEC Chairman Paul S. Atkins and by Division of Investment Management Director Natasha J. Greiner indicate that the SEC staff will no longer require retail closed-end ...

Andrew Reed is a portfolio manager specializing in U.S. investment grade credit for the Plus Fixed Income team at Allspring Global Investments. In this capacity, he has oversight and portfolio ...