CEF Weekly Market Review: Funds Take A Breather

Jul. 25, 2021 5:25 AM ETAFT, AIF, BKN, CIF, DSL, ECC, ECCB, ECCPP, ECCW, ECCX, ECCY, EIC, MYD, NMCO, NUV, NUW, OCCI, OCCIO, OCCIP, PML, PMX, PYN, XFLT, XFLT.PA1 Comment

Summary

  • We review CEF market valuation and performance over the past week and highlight recent events.
  • CEF prices stalled in July on the back of lower risk sentiment driving discounts wider.
  • We highlight the hybrid OCCI distribution, distribution rises in the Apollo credit funds, the recent CEF drawdown, and more.
  • Looking for a helping hand in the market? Members of Systematic Income get exclusive ideas and guidance to navigate any climate. Learn More »

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This article was first released to Systematic Income subscribers and free trials on 18-July.

Welcome to another installment of our CEF Market Weekly Review where we discuss CEF market activity from both the bottom-up - highlighting individual

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This article was written by

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Disclosure: I/we have a beneficial long position in the shares of EIC, NMCO, DSL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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