CEFs Banking on a Housing Recovery
Anticipating a housing recovery, many CEFs are taking stakes in mortgage-backed securities, but make sure you're comfortable with your fund's exposure.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm here today with Cara Esser; she's a closed-end fund analyst at Morningstar. We're going to look at mortgage-backed securities and the role that they play in CEFs.
Cara, thanks for talking with me today.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.