Bonds aren't as complex as they may seem. Despite the numerous titles used to describe them – fixed-income securities, debt instruments, credit securities, etc. – bonds are nothing more than a ...

Both are closed-end funds (CEFs) that sport deep discounts to net asset value (NAV, or the value of the bonds they hold). They also pay 7.5%+ dividends that come our way monthly, too. Let’s get ...

The fund's discount has widened significantly recently ... UTF holds a couple of the corporate bonds issued, so there is some exposure there, too. The second-largest holding here is Enbridge ...