User 142005

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    • Sun Feb 17th 12:04 PM | Rating: 0 0
      Commented on:
      5 Leveraged Loan CEFs To Watch
      You are correct that this asset class has been crunched, it is also true that these CEF's have had great damage done to them. But do not forget that these portfolios currently hold many LL's that were issued 12-24 months ago when the spreads were skinny (unlike today) and because these are Floating rate the return falls as Gentle Ben lowers rates and keeps them there.
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