Nuveen’s first closed-end fund offering in CRE credit is officially in the books, with total equity commitments coming in $150M above its initial $500M target. The U.S. Strategic Debt Fund is a closed ...

The only one of these domestic junk bond funds that has a yield that comes anywhere close to that of the Western Asset Emerging Markets Debt Fund is the Invesco High Income Trust II, and even that ...

The United States is currently in a "death spiral" of debt that could lead to an economic "heart attack" if both parties do not work together to start cutting immediately, according to Ray Dalio, the ...

The difference between total assets and total net assets is due primarily to the Fund’s use of borrowings; total net assets do not include borrowings. This financial data is unaudited. The Fund files ...

Borrowers may look to sinking funds as a way to help plan for potential student loan debt cancellation. These specialized funds are money set aside for specific goals, and the payment of student loan ...

In the world of bonds and fixed income, US billionaire Howard Marks is a titan. After making a name for himself at Citicorp in the 1970s and then TCW Group in the 1980s trading distressed bonds, he ...

Three BlackRock fixed-income closed-end funds experienced notable declines in their quality rankings this week, pushing each into the market's bottom decile for operational efficiency and financial ...