Generating Yields Without Stretching For Risk
A lot of income investing comes down to maximizing the yields on offer while minimizing the risks investors are required to take to achieve those yields. In this post, we …
Are You Buying Bonds or Loans Right Now?
Year-to-date the HY CEF sector is down about 12% in total NAV terms versus only about 6% for the Loan CEF sector. This dynamic as well as the long-awaited rise …
GBDC: Why We Are Buying This 8.6%-Yielding BDC
In this quick post we highlight why we have initiated a position in the Golub BDC (GBDC) – a Business Development Company with a 8.6% dividend yield and strong historic …
Is the Pain Over For CEFs?
A good question is whether the CEF market behavior of the last few weeks can be described as capitulation. Capitulation can be a useful market dynamic to gauge because it …
Another Dividend Hike For OCSL – a 9.6% BDC Yielder
With a credit-focused portfolio, a small equity footprint, modest leverage, and no non-accruals, Oaktree Specialty Lending (OCSL) is an attractive BDC hold given the elevated level of uncertainty over the …
SJNK – Higher Yield With Less Risk? A Look At This 7.71% Yielding Bond ETF.
Rising interest rates have been hard to miss for income investors. 10Y Treasury yields have almost doubled since the start of the year and risen above 3% – a development that …
These Soon-To-Reset Preferred Stocks Pass Fed Rate Increases To You
One of the most dramatic repricings we have seen this year is the rise in short-term rates. Over the past 6 months, the 2Y Treasury yield rose from 0.27% to …
Are Your CEFs Hedging Rising Leverage Costs?
Sharply rising short-term rates remain one of the key themes of the income space. For CEF investors the most direct impact of this development will be via higher leverage costs …
CGBD: This 11.5% Yielding BDC is Just Getting Started
In this post we provide a brief update for Carlyle Secured Lending (CGBD) – a BDC currently trading at a 11.5% total dividend yield. More in-depth updates are published on our …
CIK: A Cheap Bond Fund Outperformer With A 9.7%-Yield
In this post we highlight the Credit Suisse Asset Management Income Fund (CIK) trading at an 8% discount and a 9.7% current yield. CIK has been the best or nearly …