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Nuveen's Meyers explains leverage in closed-end funds in the virus economy
The NAVigator
English - May 01, 2020 11:06 - 12 minutes - 10.2 MB - ★★★★★ - 5 ratingsInvesting Business closedendfunds Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Bill Meyers, head of the closed-end business development group at Nuveen Inc., discusses how leverage works in closed-end funds and the types of leverage and rules governing it because leveraged funds -- and their potential to blow up fast when facing trouble -- could scare off nervous investors during volatile times.