Interval Funds are Proving a Hit With Advisors

April 18, 2017

Interval Funds are Proving a Hit With Advisors

April 10, 2017 | by Murray Coleman | Financial Advisor IQ

Money transfer

Bond fund manager Pimco has launched an interval fund that’s proving to be a hit with institutional fixed income investors. Categorized by regulators as a cousin to closed-end funds, the new offering has registered to raise $1 billion.

That level of asset gathering hasn’t happened in the CEF universe since 2014, according to analysts.

“Interval funds have gained popularity in recent months as investors continue to search for income and are increasingly willing to invest in riskier fare to gain a bit more yield,” says Morningstar’s Cara Esser and Brian Moriarty in a recent research note.

Read Full Article Here

Print Friendly, PDF & Email
Go Back
Ramón A. Rivera-Ramos
Blue Vault Nontraded REIT and Nontraded BDC Reviews
September 1, 2016

Blue Vault helps me to stay well informed on the financial status of both open and closed nontraded REITs and BDCs, so that I can help my clients better understand the product, before they make the decision to invest and after.