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What Will Higher Rates Mean for Levered Closed-End Funds?

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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Jeremy Glaser: For Morningstar, I'm Jeremy Glaser.

What impact will rising rates have on levered closed-end funds? I'm here today with Cara Esser; she is a fund analyst with Morningstar, to take a closer look.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.