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Nuveen Diversified Currency Opp Message Board

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  • jl.meyers jl.meyers Aug 13, 2010 8:23 AM Flag

    Quiet Message Board.

    I am not an expert. But given the fact that it is a short term bond cef I assume they have to replace their bonds from time to time.
    As we live in an enviroment of declining intrest rates, this effects their income. This translates into lower payouts.

    The good side of it is this fund will decline less when rates start to rise compared to CEF's that hold long term bonds. (At least in theory.)

    Just my thought.