A closed-end
high-yield bond fund, EAD seeks a high level of current income and also capital appreciation to the extent it is consistent with its investment objective.
The Wells Fargo Global Dividend Opportunity Fund is a closed-end equity and
high-yield bond fund. The fund's investment objective is to seek a high level of current income.
BANKING AND CREDIT NEWS-October 10, 2014--RBC Global Asset Management re-opens
high-yield bond fundCurrently, high-yield bonds--IOUs issued by companies with dubious credit ratings--yield about 5%, which isn't high by anyone's standards, including those who manage
high-yield bond funds. If you're thinking of reaching for a bit more yield through a
high-yield bond fund, you might want to check again.
"This is a low-cost municipal bond fund, which currently has a yield of about 4.2%." Another
high-yield bond fund the Keesees should consider is the BlackRock Debt Strategies Fund (DSU).
EAD is a closed-end
high-yield bond fund, ERC is a closed-end income fund and ERH is a closed-end equity and
high-yield bond fund.
Analysts say that the average
high-yield bond fund has just over 8% in bonds rated below B, making the Dreyfus fund quite risky.
In addition to the latest mark posted by global bond funds, the weekly records set over the past three months include money market fund outflows ($61.8 billion),
high-yield bond fund inflows ($1.19 billion), emerging market bond fund inflows ($1.05 billion) and UK equity fund inflows ($587 million).
EAD is a closed-end
high-yield bond fund, ERC is a closed-end income fund, ERH is a closed-end equity and
high-yield bond fund and EOD is a closed-end equity and
high-yield bond fund.
EAD is a closed-end
high-yield bond fund and seeks a high level of current income and as a secondary objective, capital appreciation to the extent it is consistent with its investment objective.