19 out of 22 CEF sectors were positive on price and 12 out of 22 sectors were positive on NAV last week. Delaware/Abrdn mergers are closing this week.

While interest rate hikes might be nearing an end, there are still some left to go that floating rate funds can benefit from. FRA continues to trade at an attractive discount, making it a potential op...

We review CEF market valuation and performance through the third week of February and highlight recent market action. Nearly all CEF sectors were down as worries about further rises in the policy rate...

We have now closed on the first month of the new year, but my strategy of buying every month hasn't changed. The new year has started off with a bang, with the broader indexes jumping higher.

BlackRock announced its latest distributions earlier this month, with several boosts and cuts. Of those that boosted, two of those were FRA and BGT.

The latest semi-annual report shows FRA had covered its distribution in the last six months. That was from the prior reporting period, when they had trimmed the payout.

FRA is trading around some of the lowest discount levels it has ever experienced. There are risks, but some of these risks seem to be largely factored in due to the valuation.

Recent market volatility has opened up discount valuation divergences between very similar CEFs.

VVR: Higher Rates Could Benefit This Fund

FRA is invested in mostly floating rate loans; these should benefit and act as a hedge with higher rates coming. The fund currently sports a 5.8% distribution yield that is quite attractive for income...