What's a way to generate significant passive income that many investors don't know about? Closed-end funds (CEFs). They're ...

To add a further complication, many of these funds are leveraged: They borrow money at short-term rates to buy long-term bonds. So if the Fed resumes cutting rates any time soon the funds would get a ...

Closed-end bond funds, long a staple investment for retirees and those seeking income from their investments, have been left in a fire-sale environment by the four-month slump in the bond market.

CEF discounts have widened again, creating buying opportunities. See why WDI, BST, ETG, and PAI are new additions to my top ten holdings.

I discuss adding to an income-focused CEF portfolio monthly, opportunities in volatile market, and holding cash for potential ...

NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund ... newsroom for the latest company news ...

It is strange that CEFs aren’t more popular, and while I’d love to give you a simple explanation as to why, the reality is ...

Saba has spent years and billions of dollars buying up closed-end funds run by ... s fights center around funds that buy income-producing assets, like junk bonds, municipal debt or dividend ...

NEW YORK, December 30, 2024--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund ... company news and ...