Tag: CEF
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CEF Weekly Review: Why Covered Call CEFs Are Not 'Equities At A Discount'
Torsten Asmus Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund (“CEF”) market activity from both the bottom-up – highlighting individual fund news and events – as well as the top-down – providing an overview of the broader market. We also try to provide some historical context as well…
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PTA CEF: Some Improvements, But Shares Are Not As Attractively Priced (NYSE:PTA)
Ilja Enger-Tsizikov The Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) is a closed-end fund that investors can employ in order to generate a high level of income from the assets in their portfolios. The fund has an 8.65% current yield, so it certainly does this job reasonably well, although this yield is…