PGIM's Collins: Time to 'Nibble' in Credit as Investors Pull Cash

The video discusses emerging pockets of value in the bond market, highlighting high-quality investment-grade corporate bonds and taxable municipal bonds with higher yields and spreads. It also covers high yield bonds and closed-end funds trading at a discount. The team plans a deep dive into new market deals, noting opportunities with risk already priced in, suggesting it's time to start investing in credit.

How does the speaker describe the performance of high yield closed-end funds?

What does the speaker suggest about the current state of credit investments?