Closed-End Funds Outlook Murky for Now, Brighter Ahead

Closed-end funds are high-yield assets and as such, there’s an element of interest rate sensitivity. That’s particularly true with closed-end funds focusing on municipal debt. Some such products reside in the Invesco CEF Income Composite ETF (PCEF). PCEF, which follows the S-Network Composite Closed-End Fund Index, is a high-yield asset as evidenced by a 30-day [...] The post Closed-End Funds Outlook Murky for Now, Brighter Ahead appeared first on ETF Trends .