Field Notes on
Closed-End Funds

Investment insights and market analysis for institutional investors

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Essential Reading

News
5 min read

★★★★★ 5-Star Overall Morningstar Rating™

Thomas J. Herzfeld Advisors, Inc. is excited to announce it received four 5-Star Overal...
Read more

Thomas J. Herzfeld Advisors, Inc. is excited to announce it received four 5-Star Overall Morningstar Ratings™ for the quarter ended December 31, 2024.

News
5 min read
Bloomberg: Muni Bond Funds Set Up for 20% Gains Even After November’s Surge
Leveraged closed-end funds rallied with broader market Steep discount, Fed cuts, activi...
Read more

Leveraged closed-end funds rallied with broader market Steep discount, Fed cuts, activism seen powering returns

Municipal bond funds that use borrowing as a way to juice returns had a banner month in November, surging almost 12%. Some market watchers say that’s only just the start.

Leveraged closed-end muni funds rallied along with the broader market as evidence of slowing job growth and cooling inflation convinced traders that the Federal Reserve’s rate-rise cycle is over. Further gains may be in store should the central bank pivot to cutting rates next next year, as many now expect.

News
5 min read
Confessions Of A Closed-End Fund Bargain Hunter
Forbes' William Baldwin interviews Erik Herzfeld about opportunities in the closed-end...
Read more

Forbes' William Baldwin interviews Erik Herzfeld about opportunities in the closed-end fund space that are often missed by investors.

News
5 min read
Barron's: Skyward, Mr. Closed-End Fund
Read Article: Thomas J. Herzfeld is interviewed by Barron's and called Mr. Closed-End Fund
Read more

Read Article: Thomas J. Herzfeld is interviewed by Barron's and called Mr. Closed-End Fund.

All Posts

News
All
5 min read
Morningstar 5-Star Rating for Three Strategies Q4/2018
Morningstar rankings are out for Q4/2018: Thomas J. Herzfeld Advisors, Inc receives Mor...
Read more

Morningstar rankings are out for Q4/2018: Thomas J. Herzfeld Advisors, Inc receives Morningstar 5-star ranking for three Herzfeld strategies. Click here to see details.

News
All
5 min read
Pensions & Investments: Herzfeld Top Performing Manager Q3/2018
Pensions & Investments' Trilbe Wynne interviews the firm for the fifth consecutive quar...
Read more

Pensions & Investments' Trilbe Wynne interviews the firm for the fifth consecutive quarter, after making P&I's Top Performing Manager list again for Q3/2018.  Herzfeld's Fixed Income strategy ranks #1 for 5-year returns in High Yield bond category on Morningstar. Contact us for full report and rankings.

News
All
5 min read
ThinkAdvisor Interviews Erik Herzfeld on CEF Opportunities
ThinkAdvisor's Jane Wollman Rusoff interviews President/Portfolio Manager Erik Herzfeld...
Read more

ThinkAdvisor's Jane Wollman Rusoff interviews President/Portfolio Manager Erik Herzfeld on current opportunities in the municipals CEF space.

News
All
5 min read
Herzfeld Achieves Psn Top Guns Status Q2/2018
Herzfeld is excited to announce that three of its strategies get PSN Top Guns ranking f...
Read more

Herzfeld is excited to announce that three of its strategies get PSN Top Guns ranking for Q2/2018. See how are Fixed Income strategy ranks here

News
All
5 min read
Bloomberg Interviews Portfolio Manager Ryan Paylor on Ackman's CEF
Bloomberg's Miles Weiss interviews Portfolio Manager Ryan Paylor on Bill Ackman's Persh...
Read more

Bloomberg's Miles Weiss interviews Portfolio Manager Ryan Paylor on Bill Ackman's Pershing Square, in "Ackman to Put Gains From Luxury Apartments Into Pershing Buyback"

News
All
5 min read
Bloomberg Interviews Portfolio Manager Ryan Paylor on Muni-Bonds
Bloomberg's Martin Z. Braun interviews Portfolio Manager, Ryan Paylor, on the CEF muni...
Read more

Bloomberg's Martin Z. Braun interviews Portfolio Manager, Ryan Paylor, on the CEF muni bond market "Fire Sale for Closed-End Muni Funds Means Only Brave Should Buy"

From our desk
to yours, monthly.

Every month we share exclusive insights on closed-end fund opportunities and market trends. A quick, valuable read for institutional investors and family offices.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.