Today I am going to discuss a closed end fund composed of senior variable rate debt. music selection: “Poison” — Alice Cooper weigh-in: 221.8 (0.2) #loser We go back to Nuveen for another closed end fund. Nuveen Floating Rate Income
A little something for those seeking income without interest rate risk today. music selection: “Glycerine” — Bush The Eaton Vance floating rate trust is a closed end fund that invests in floating rate debt. If interest rates rise, so does
Today’s recommendation is to buy Legg Mason Partners Income Trust – Western Asset Emerging Markets Debt Fund (ESD). music selection: “Come Back” — Bon Jovi ESD is a closed end fund invested in government and corporate debt in emerging markets.
The market is a little nervous lately. Time to talk about a safer investment: bonds. music selection: “Get It On” — T. Rex (You knew I’d choose it eventually) weigh-in: 227.2 (0.4) #loser I have three CEF bond issues for
No options trades for me this week but I am planning to add some JPS two Monday’s from now with the proceeds from last month’s options contracts that are expiring worthless. music selection: “Youth Gone Wild” — Skid Row The
Monday I discussed the core of my strategy to generate income which is high yield stocks. Today I’m going to discuss the future trend towards more fixed income. music selection: “Heaven & Hell (live)” — Dio I have constructed a portfolio
Most investors will want some of their portfolio allocated to bonds. Doing so has been shown lowers volatility and increases average returns over time. Now is a dangerous time to be investing in bonds however. Interest rates are a record
Raptors, I am updating guidance on NIO. NIO is now a HOLD as there is a better closed end municipal bond fund on offer. This one is from the same issuer. It pays the same yield. But it has a