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Posted by
Two Blokes Jul 7 -
Filed in
Stock
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2 views
Recent events have compressed credit spreads to the thinnest levels in the past 4 decades or so. This leads use to see a poor reward/risk ratio for Guggenheim Strategic Opportunities Fund given its large exposure to high-yield corporate bonds. PIMCO Corporate and Income Opportunity Fund is better positioned than GOF due to its larger allocation to government securities.
