Morningstar, Inc. Commentaries
Sep 26, 2014
Click here to access From the Mailbag: Rising Rates and CEFs
Last week, the Federal Reserve announced that it will continue the unwinding of its bond-buying as planned in October. The Fed also noted that it would stop all of its asset purchases at the next meeting if economic indicators point to continued improvement in unemployment and GDP growth and if inflation remains within an acceptable range. With that in mind, readers may be concerned about the potential effects of rising interest rates on closed-end funds.