Income-Covered Closed-End Fund Report, April 2025

  • The Income-Covered CEF Report screens for funds with distribution coverage exceeding 100%, suggesting lower risk of distribution cuts and potential price declines. The report ranks CEFs by widest discounts, best z-scores, highest yields, and best combinations of yield, discount, and z-score for further research. Notable funds include HFRO, FSCO, and ArrowMark Financial Corp, though BANX's discount may be overstated due to NAV reporting lag.