Weekly Municipal Bond CEF Trades: A Fund With 13% Discount And An Effective Leverage Below Average [Seeking Alpha]
Western Asset Intermediate Muni Fund Inc (SBI)
NASDAQ:AMEX Investor Relations:
leggmason.com/en-us/products/closed-end-funds/western-asset-intermediate-muni-fund-inc.html
Company Research
Source: Seeking Alpha
Summary Introduction Closed-end funds do not seem like the best place to be for active traders, at least on paper. However, these products have been our bread and butter for a while now, and as long as we are capable of detecting opportunities and successfully acting on them, we intend to keep on rolling. Active followers have taken note of the 'Weekly Review' series and it would only be appropriate to complement these articles with a follow-up, like this one, whose goal is to highlight the funds of interest to us. Statistical Comparison And Potential Trades Over the past week, Federal Reserve chairman Jerome Powell gave a signal to the market participants that they should expect interest rate hikes as the economy continues to show signs of strength. The chairman of the central bank informed the audience that he expects the process to be slow and steady. The situation around the interest rates is important for the municipal bonds CEFs. Fixed income instruments can
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SBI
News
- Western Asset Intermediate Muni Fund Inc. Announces Financial Position as of February 29, 2024 [Yahoo! Finance]Yahoo! Finance
- Western Asset Intermediate Muni Fund Inc. Announces Financial Position as of February 29, 2024Business Wire
- Western Asset Intermediate Muni Fund Inc. Announces Results of Annual Meeting of StockholdersBusiness Wire
- Western Asset Intermediate Muni Fund Inc. (NYSE: SBI) Announces Portfolio Management Team UpdateBusiness Wire
SBI
Sec Filings
- 4/25/24 - Form NPORT-P
- 4/23/24 - Form SC
- 4/18/24 - Form SC
- SBI's page on the SEC website