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Strategies & Market Trends : High Yield Investing - CEF's

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To: chowder who wrote (129)1/10/2022 11:40:24 AM
From: Markbn  Read Replies (2) of 245
 
RE: EXD

Chowder or anyone;

Does anyone have an investment in EXD? The Eaton-Vance family interests me, and EXD in one that has caught my eye recently. Seems there was a dividend cut a few years ago, around the time they converted from a quarterly to a monthly payor. The also changed their investment philosophy from Muni Bonds and the like to stocks, and sell options against them. Unlike some other option-income funds, this one seems to sell options against their holdings, as opposed to selling index options.

Comments? Thanks.
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