Closed-End Fund Articles
Feb 5, 2016
Click here to access Junk Bond CEFs In 2016: Even Worse Than 2015?
Default rates in the junk bond market are rising sharply after massively increasing last year; liquidity is also leaving the junk bond market.
Both of these trends should be alarming junk bond CEF investors, yet their outperformance relative to the S&P 500 tells a tale of relative complacency.