CEF Weekly Review: XFLT Launches Promised Tender Offer We review the CEF market valuation and perfo...

CEF Weekly Review: XFLT Launches Promised Tender Offer We review the CEF market valuation and performance through the fourth week of September and highlight recent market action. CEF sectors experienced broad declines in September, driven by rising long-term rates and significant discount widening, making current discounts notably attractive. Loan/CLO Equity CEF XFLT launched a tender offer for 12.5% of shares at a 2% discount.