CCIF: One Of The Newer CEFs Offering High Yield Income From CLOs

  • CCIF offers a 19% yield and trades at a discount to NAV, making it an attractive buy for high-yield income. SPMC, with a 16% yield and growing AUM, is a solid hold, especially if market corrections provide buying opportunities. EARN, recently converted to a CLO CEF, offers a 17% yield, but is still building its portfolio; best kept on a watchlist.