|Last Price$5.11||Day Change (%)2.40%|
|Open Price$5.03||Day Change ($)0.12|
|Day Range4.95–5.16||52-Week Range2.97–11.68|
As of Fri 4/29/2016 5:10:00 PM | USD
A rough stretch for high yield is a reminder that the sector can require a strong stomach.
The demise of Third Avenue Focused Credit represents a profound management failure, but it isn't likely that we'll see other high-yield funds follow suit.
After years of lamenting the lack of opportunities, a change of tune.