CEF Weekly Review: When To Worry About NAV Declines

Systematic Income On a weekly basis, it was less unusual. TOTAL CEF WEEKLY VOLUME (Ms shares) 1000 800 600 400 200 7016 2018 7020 2022 702A date Systematic Income MUNICIPAL CEF SECTOR NAV TREND 100 l 8 ද 90 85 80 75 2022.01 2022-11 Q date Systematic Income CEFs which are particularly susceptible to forced deleveraging are those with leverage limits (above and beyond the regulatory ones) as well as those with very high-beta such as MLPs, CLO Equity funds and others. that the NAVs significantly lag the bounce ...