≡ Menu

Friday Fixed Income

Another edition of Friday Fixed Income

music selection:  “New Sensation” — INXS

Each Friday, I present three possibilities in the closed end fund fixed income space that are yield rich and offer attractive pricing.  This is a sector where I personally keep a large allocation to ensure my annual budget can be met without trading.  I gain peace of mind and lower volatility this way.

This month, I’m changing the presentation format to include the expense ratio and a link to more information.  Shout out to Mr. Tako for the idea.

Brookfield Real Assets Income (RA) is a closed end fund that seeks to achieve its investment objective by investing primarily in Real Asset Companies and Issuers.  It pays managed distribution on a monthly basis.

  • Discount to NAV – 10.25%
  • Yield – 10.90%
  • Effective leverage – 21.08%
  • Expense ratio – 0.13%
  • Learn more

Eaton Vance Tax-Advantaged Bond & Option (EXD) is a closed end fund that seeks to provide tax-advantaged current income and gains through the use of a tax-advantaged short-term, high quality bond strategy and a rules-based option overlay strategy.  It pays managed distribution on a quarterly basis.

  • Discount to NAV – 8.55%
  • Yield – 12.05%
  • Effective leverage – none
  • Expense ratio – 1.43%
  • Learn more

Virtus Global Multi Sector (VGI) is a closed end fund that seeks to maximize current income while preserving capital by investing in a portfolio of fixed income securities of U.S. and non-U.S.issuers.  It pays managed distribution on a monthly basis.

  • Discount to NAV – 8.37%
  • Yield – 13.46%
  • Effective leverage – 26.05%
  • Expense ratio – N/A
  • Learn more
{ 0 comments… add one }

Leave a Comment

*