Will rising interest rates hurt my leveraged closed end funds?

I have several closed end funds that use leverage. They've provided a nice monthly income. Will rising interest rates endanger these funds?

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April 2017
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It's hard to answer this question without knowing the underlying strategy of each of your CEFs. Some assets do well in rising interest environment, others do poorly. Also, it depends if your CEFs are using short-term or long-term leverage financing. In any case, you can expect some increase in borrowing costs.

April 2017
April 2017