KIO: A Few Risks Emerging For This Dynamic Debt Fund (Rating Downgrade)

Weekly Report: what happened at EAD last week (0415-0419)?

GHY: A Great Way To Diversify Away From The United States With An 11% Yield

PGIM Global High Yield Fund offers investors a way to diversify away from the United States. The fund's 11.22% yield compares well to other funds in the market. The long-term fiscal situation of the U.S. Presents a need for bond investors to be diversified globally. This fund is underweight to America and trades at an enormous discount to its value.

PHT: Two Concerns, But Otherwise A Very Good Junk Bond Fund

Weekly Report: what happened at EAD last week (0408-0412)?

Weekly Report: what happened at EAD last week (0401-0405)?

Weekly Report: what happened at EAD last week (0325-0329)?

Allspring Income Opportunities Fund declares $0.0517 dividend

Allspring Income Opportunities Fund (EAD) declares $0.0517 dividend Mar. 28, 2024. Forward yield 9.34% Payable May 1; for shareholders of record April 12; ex-div April 11. Dividend will be paid on May 1.

Press Release: Allspring Closed-End Funds Declare Monthly Distributions

Allspring Closed-End Funds Declare Monthly Distributions for March 28, 2024. The Allspring Income Opportunities Fund and the Allspring Utilities and High Income Fund each announced a distribution. The funds make distributions in accordance with a managed distribution plan. The fund's monthly distributions are based on the fund's average monthly value.

EAD: This CEF Should Be A Good Source Of Income If The Bond Market Holds Up

Allspring Income Opportunities Fund offers a 9.35% yield, comparable to other junk bond funds. The fund's shares have increased while the bond market and the fund's NAV have declined. EAD has a high percentage of assets invested in CCC or lower junk debt, which carries a higher risk of default. The Federal Reserve might not be able to cut interest rates.

Weekly Report: what happened at EAD last week (0318-0322)?

HYI: This High-Yielding Junk Bond Fund Could Be A Decent Holding

Western Asset High Yield Defined Opportunity Fund is a closed-end fund scheduled to be liquidated in 18 months. The fund's current yield of 9.52% compares well to similar options in the market. HYI's performance has been disappointing, but investors purchasing it today should realize some gains upon liquidation.

OPP: Not The Best Time To Buy, Despite The Sizable Discount

The RiverNorth/DoubleLine Strategic Opportunity Fund has a high yield of 14.36%. The fund's recent performance has been strong with a 4.10% increase in share price since December 2023. The OPP fund is trading at an enormous discount and is attractive to income-focused investors. The fund has a recent distribution cut and has failed to cover its distribution year-to-date.

PCN: Good Bond CEF With Fully-Covered Distribution, But Huge Premium Is Problematic

The PIMCO Corporate & Income Strategy Fund offers a competitive 9.88% distribution yield. The closed-end fund has underperformed the Bloomberg U.S. Aggregate Bond Index over the past six months. The fund appears to be fully covering its distribution, but the fund is trading at an enormous premium to net asset value.

Weekly Report: what happened at EAD last week (0311-0315)?

Weekly Report: what happened at EAD last week (0304-0308)?

Weekly Report: what happened at EAD last week (0226-0301)?

Weekly Report: what happened at EAD last week (0219-0223)?

Allspring Income Opportunities Fund declares $0.05171 dividend

Press Release: Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Allspring Announces Change to Investment Strategy Guidelines for two Closed-End Funds

Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Allspring Announces Change to Investment Strategy Guidelines for two Closed- end Funds. The Allspring Income Opportunities Fund and the Allspring Global Dividend Opportunity Fund will be able to invest up to 25% of their total assets in U.S. Dollar-denominated securities.