BANX And HYB: Delivering Income To Investors
ArrowMark Financial (BANX) Seeking Alpha·2024-01-24 14:16
Dragon Claws Written by Nick Ackerman, co-produced by Stanford Chemist. Closed-end funds are often an area where investors can put capital to work when they are searching for income. Often, higher yields can be achieved through utilizing leverage or simply a fund paying out more than it can really generate consistently. CEFs can and often pay out distributions in excess of their net investment income - that generally isn't a problem for equity funds as the assumption there is that capital appreciation can t ...