CEF Weekly Review: Saba/BlackRock Feud Escalates

Fixed-income CEF sector discounts are now firmly on the expensive side, in aggregate, while equity CEF sector discounts are still somewhat cheap. MEDIAN SECTOR DISCOUNTS 0.0% -2.0% -4.0% -6.0% -8.0% -10.0% -12.0% -14.0% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Systematic Income Anticipated Tender Offer Dates for the Funds While BlackRock's nominees for BIGZ have the following, lower, vote tallies. Systematic Income CEF Tool Market Action Systematic Income BlackRock's message was that Saba's pr ...