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Weekly Review: Municipal Bond CEFs - Dividend Cut For Most Of PIMCO Funds

johnNjohnN
in The Bullpen
https://seekingalpha.com/article/4315842-weekly-review-municipal-bond-cefs-dividend-cut-for-of-pimco-funds

Weekly Review: Municipal Bond CEFs - Dividend Cut For Most Of PIMCO Funds
Jan. 08, 2020 3:40 PM ETBAF, BBF, BFZ...
Summary
Impressive performance from the benchmark in the first days of the new year.
The most important event from the last week was the dividend cut in most of the PIMCO closed-end funds.
We continue to follow the most important yields and municipal/Treasury spread ratio.
Most of the funds from the sector are still trading at positive Z-scores, and we do not see a statistical edge to include some of them in our portfolio
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