Opinion: Bond funds are offering a ‘double whammy’ for investors - MarketWatch

1. Closed-end bond funds face steep discounts amidst bond market slump. 2. 30 funds now trading at 90 cents or less on the dollar. 3. Opportunity arises if bond market recovers, leading to share price rise. 4. AFB operates at a 12% discount with a 3.9% distribution yield. 5. Rising short-term rates could further affect leveraged funds' net assets.