CEF Weekly Review: Proxy Advisers Enter The Saba / BlackRock Battle

Masisyan/iStock via Getty Images Market Action CEF discounts have continued to creep tighter, now trading not far off their longer-term average level. Market Themes Blackstone hiked the distribution of their loan CEF BGB by 9% to $0.101. The fund's distribution has been all over the place. It rose to$0.102 from $0.094 late last year then promptly fell back to$0.094 and is now back above $0.1. The fund declares its 3 monthly distributions each quarter to roughly match recent average monthly net income. Giv ...