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Mike Taggart

Mike Taggart, CFA, is an associate director on the active funds research team and heads up the team's coverage of closed-end funds.

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As fixed-income CEFs appreciate, investors seeking yield should be cognizant of bond rollover into lower-yielding assets as well as the added risk of leverage, says RiverNorth's Patrick Galley.

Improving local-government finances and lower default rates than corporates have made high-yield municipal bonds an attractive option for investors eyeing tax-free income, says Nuveen's John Miller.

The discount a CEF is trading at versus its net asset value is only the starting point to creating a successful portfolio, says CLC Management's Tony Cutinelli.

CEF strategist Mike Taggart checks in with Anne Kritzmire, Nuveen's managing director of closed-end funds, on the firm's online efforts to enhance closed-end fund transparency for investors.