Three more closed end funds for your consideration.

music selection:  “You Might Think” — The Cars

Each Friday, I post three closed end funds invested in debt and debt like securities. These can serve as the anchor of a income centric portfolio to support early retirement. I keep 40% of my portfolio in this sector and it is sufficient to cover my early retirement budget. I have another 60% available for trading and growth to ensure I stay ahead of inflation.

Advent Claymore Convertible Securities & Income (AGC) is a closed end fund that seeks  total return through investments in global convertible and non convertible securities and utilizing and option writing strategy.  It pays an income only distribution on a monthly basis.

  • Discount to NAV – 11.16%
  • Yield – 9.84%
  • Effective leverage – 40.91%
  • Expense ratio – 3.49%
  • Learn more

NexPoint Strategic Opportunities Fund (NHF) is a closed end fund that seeks current income with capital appreciation through investment in floating and fixed rate loans, bonds, debt obligations, mortgage backed and asset backed securities, collateralized debt obligations and equities.  It pays an income only distribution on a monthly basis.

  • Discount to NAV – 8.89%
  • Yield – 10.69%
  • Effective leverage – 14.77%
  • Expense ratio – 2.54%
  • Learn more

Eaton Vance Tax Advantaged Bond And 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 a managed distribution on a quarterly basis.

  • Discount to NAV – 12.80%
  • Yield – 12.61%
  • Effective leverage – none
  • Expense ratio – 1.44%
  • Learn more

Devour your prey raptors!

Friday Fixed Income

Never miss another opportunity to devour prey!

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