Invesco Municipal Income Opportunit... (OIA)

3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut.

Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation. We think we will shift from a stagflationary economic regime to a deflationar...

A lack of further yield compression and low yields suggest that future fixed-income returns are likely to be well below their historic levels. This suggests that investors should seek out funds that a...

We review CEF market valuation and performance over the first week of June and highlight recent events. The CEF market pushed higher at the start of June with a favorable backdrop of stable Treasury y...

In a low-yield environment, alpha is the new beta. We take a look at how to source cheap alpha in CEFs by pinpointing funds with a history of consistent alpha and trading at attractive valuations.

Allocating to municipal bonds can be a fraught proposition of having to choose duration, credit quality, investment vehicle and other investment characteristics.

"High-yield" tends to be associated with corporate credit in investor income portfolios. However, the high-yield/unrated municipal sector is also worth a look. We discuss some benefits of HY muni bond...

The Treasury curve bear-steepened and muni yields followed higher. Moody’s: Covid-19 will result in state and local government austerity and higher leverage.

Treasury yields bear-steepened. Powell comments on desire for more inflation not immediately recognizable in yields.

At the beginning of this year, we created the Baskin Fixed Income Fund as a more efficient way to manage your fixed income investments.