
It looks like the Blackrock Credit Allocation Funds I-IV (PSY, PSW, BPP, BTZ) all have a common manager and investment style. Does anyone know how that might differ from the their Corporate High Yield series III, V, VI ( COY , CYE, HYV, HYT)? They seem to have the same manager. Is the main difference that the second group is sub investment
Quarterly rebalancing effective March 21. Interesting to note that they are eliminating their largest position, EVV. Might be a buying opportunity coming up here when PCEF starts dumping. Press release: Sixteen New Securities Added; Four Securities Deleted from S-Network Composite Closed-End Fund Index (CEFX) NEW YORK, March 12, 2010 /PRNewswire via COMTEX/ -- The S-Network Composite Closed-End Fund Index (TICKER: CEFX) will add sixteen new components, effective 6:00 PM (EDT) Sunday, March 21, 2010. Four funds will be deleted from the index, changing the number of index components to 82. The changes result from the quarterly rebalancing of the index. Additions to CEFX are: Montgomery Street Income Securities (TICKER: MTS); Evergreen Income Advantage Fund (TICKER: EAD); BlackRock Floating Rate Income Strategies (TICKER: FRA); BlackRock Corporate High Yield Fund III (TICKER: CYE); Credit Suisse Asset Management Income Fund (TICKER: CIK); BlackRock Corporate High Yield Fund (TICKER: COY ); BlackRock Floating Rate Income Strategies Fund II (TICKER: FRB); BlackRock Senior High Income Fund (TICKER: ARK); BlackRock Debt Strategies Fund (TICKER: DSU); Eaton Vance Tax-Managed Global Diversified Equity Income Fund (TICKER: EXG); Nicholas-Applegate International & Premium Strategy Fund (TICKER: NAI); Western Asset Investment Grade Defined Opportunity Trust (TICKER: IGI); Western Asset Global Corporate Defined Opportunity Fund (TICKER: GDO); Seligman Premium Technology Growth Fund (TICKER: STK); Nuveen Mortgage Opportunity Term Fund (TICKER: JLS); Federated Enhanced Treasury Income Fund (TICKER: FTT). Deletions from CEFX are: Eaton Vance Limited Duration Income Fund (TICKER: EVV ); First Trust/Aberdeen Global Opportunity Income Fund (TICKER: FAM ); Highland Credit Strategies Fund (TICKER: HCF ); Eaton Vance Senior Floating Rate Fund (TICKER: EFR ).