Investius Interview: High Yield Bond CEFs with John Cole Scott

High yield bond closed-end funds may be “overdone” by investors, says John Cole Scott of CEF Advisors.

John Cole Scott, CEF Advisors:

The high yield category for closed-end funds is the opportunity to get a portfolio of bond investments that are below investment grade rated, which has a chance to give you the opportunity for higher returns and higher cash flow over time.

High yield closed-end bond funds in the last six months, on a net asset value basis, are down about 3 ½ percent on average.  We think that the sector, having about 16 percent average energy exposure, has probably been overdone by investors.

Click Here to watch video: http://investius.com/2015/01/26/high-yield-bond-cefs/