Mon, 13 Jan 2014
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Given valuations and where interest rates are headed, you don't want a lot of market risk now, says Eaton Vance Bond manager Kathleen Gaffney.
With investor interest in bank loans at elevated levels, Morningstar's Sarah Bush and Tim Strauts offer their highest-conviction mutual fund and ETF picks for those seeking exposure to this asset class.
With short-term rates remaining low, we don't anticipate an immediate impact on the cost of leverage financing for most CEFs.
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