HYI: High Yield, No Leverage, Term Structure Fund Worth A Look
Jul. 01, 2021 3:29 AM ETWestern Asset High Yield Defined Opportunity Fund (HYI)COMM, DISH, EHT...6 Comments9 Likeshttps://www.google.com/amp/s/seekingalpha.com/amp/article/4437372-hyi-cef-high-yield-no-leverage-term-structure-fund-worth-a-look
We regularly cover HYI as it is one of the solid choices in the high yield space that also don't utilize leverage.
For CEFs, funds that don't operate with leverage can be seen as relatively more attractive for more conservative investors.
However, keep in mind that it is still a high yield fund - so that does entail risks on its own.