Elliott

3 CEFs for Emerging Market Debt Exposure

I think ESD is outperforming EDD, IMHO. ESD yields 9.2% with a regular monthly dividend and can be had for a 10% discount. Highly rated by Morningstar. Top holdings are Brazil notes, a good move considering the recent upgrading of that nation's debt. Chart of ESD shows OBV is rising; NAV is going up, I think there will pressure on price that will take it up from $18 to $20.