Early last week I put up a quick post about whether the covered call CEFs might have some sensitivity to the VIX index. While any relationship is hard to see on a chart, we did have an 8% spike today in VIX while MCN was up 2% and FFA was up 1%.
Somehow I think there is a connection but this will take some more analysis.
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1 comments:
Hi Roger,
You've mentioned MCN and FFA a few times in the context of covered call CEFs. I wanted to make sure you were also aware of JPZ (Nuveen Equity Premium Income).
If you ever get a chance to write a comparision of all three, I'd be interested.
Good blog. Cheers!
Salil Deshpande
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