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HYI / HYI: No Leverage, No Problems

HYI: No Leverage, No Problems
Leveraged closed-end funds are facing headwinds of rising costs associated with leverage in a higher interest rate environment. The Western Asset High Yield Defined Opportunity Fund offers exposure to a high-yield bond portfolio with an attractive discount while being a term fund. HYI's income has been growing with rising yields, and the fund recently increased its distribution, making it a potentially attractive investment. Read More
Posted: Sep 24 2023, 10:56
Author Name: Seeking Alpha
Views: 111879

HYI News  

HYI: No Leverage, No Problems

By Seeking Alpha
September 24, 2023

HYI: No Leverage, No Problems

Leveraged closed-end funds are facing headwinds of rising costs associated with leverage in a higher interest rate environment. The Western Asset High more_horizontal

HYI: When High Returns Are Not Forever

By Seeking Alpha
November 8, 2022

HYI: When High Returns Are Not Forever

HYI is a fixed-income closed-end fund. What makes HYI stand out is its term structure, with the fund set to terminate on or about September 30, 2025. more_horizontal

HYI: High Yield Fund, No Leverage, Attractive Monthly Distribution

By Seeking Alpha
August 28, 2022

HYI: High Yield Fund, No Leverage, Attractive Monthly Distribution

HYI is a non-leveraged fund that operates in the high-yield space. During times of volatility and higher interest rates, no leverage can be a benefit. more_horizontal

Closed-End Funds HYI And UTF: Letting Valuation Guide Your Investing

By Seeking Alpha
December 30, 2021

Closed-End Funds HYI And UTF: Letting Valuation Guide Your Investing

HYI and UTF are prime example of why discounts/premiums matter with closed-end funds. Sometimes the valuations take longer to play out than others; HY more_horizontal

Closed-End Funds HYI And UTF: Letting Valuation Guide Your Investing

By Seeking Alpha
December 30, 2021

Closed-End Funds HYI And UTF: Letting Valuation Guide Your Investing

HYI and UTF are prime example of why discounts/premiums matter with closed-end funds. Sometimes the valuations take longer to play out than others; HY more_horizontal

Closed-End Funds HYI And UTF: Letting Valuation Guide Your Investing

By Seeking Alpha
December 30, 2021

Closed-End Funds HYI And UTF: Letting Valuation Guide Your Investing

HYI and UTF are prime example of why discounts/premiums matter with closed-end funds. Sometimes the valuations take longer to play out than others; HY more_horizontal


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