Income Opportunities: CEFs and Rising Rates
August 04, 2022 at 15:07 PM EDT
After the Fed hiked interest rates for a fourth time this year, closed-end fund (CEF) investors may wonder how their income will be affected. For closed-end funds, interest rate hikes can create higher borrowing costs for funds that use leverage (i.e., those that issue preferred shares). Higher borrowing costs could lead to lower earnings and [...] The post Income Opportunities: CEFs and Rising Rates appeared first on ETF Trends .