Why Now Is the Time for Closed-End Fund Strategies
May 15, 2024 at 08:00 AM EDT
Persistent, elevated inflation raises the likelihood of higher interest rates for longer. An elevated or rising rate environment creates pockets of opportunity within asset classes such as closed-end funds. Investors would do well to look to these strategies for income as rates hold. Federal Reserve Chair Jerome Powell indicated that rates would remain elevated for [...] The post Why Now Is the Time for Closed-End Fund Strategies appeared first on ETF Trends .