AICA – Excellence Beyond Indexing

Monthly Archives: March 2020

Ep. 31— MatisseCap’s Boughton: Discounts are at record levels, buys are everywhere

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Ep. 31— MatisseCap’s Boughton: Discounts are at record levels, buys are everywhere

Key Take-Aways from CEF Advisors’ Research Call

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Key Take-Aways from CEF Advisors’ Research Call

Webinar Summary

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Webinar Summary

Ep. 30— Shaker: Don’t trade closed-end funds on days when the market is in turmoil

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Ep. 30— Shaker: Don’t trade closed-end funds on days when the market is in turmoil

Ep. 29— BDC dividends are eye-popping and might be cut, but worth looking at

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Ep. 29— BDC dividends are eye-popping and might be cut, but worth looking at

Ep. 28— As discounts grow and yields rise, closed-end funds look good amid market turmoil

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Ep. 28— As discounts grow and yields rise, closed-end funds look good amid market turmoil

Ep. 27— Ares’ Brufsky: In low-yield world, diversified high-yield holdings are worth a look

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Ep. 27— Ares’ Brufsky: In low-yield world, diversified high-yield holdings are worth a look

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The information contained herein should not be construed as investment advice, a recommendation to buy or sell any security, or an offer to provide advisory services.

References to specific securities, sectors, investment strategies, or market conditions are for illustrative purposes only and do not constitute investment recommendations. Any discussion of investment strategies may not be suitable for all investors, and there can be no assurance that any strategy will achieve its intended objectives.

Listed closed-end funds (CEFs) and business development companies (BDCs) trade on exchanges at prices that may be above or below their NAVs. There is no guarantee that an investor can sell shares at a price greater than or equal to the purchase price, or that a CEF’s or BDC’s discount will narrow or be eliminated. Non-listed closed-end funds and business development companies do not offer investors daily liquidity, but rather on a quarterly or semi-annual basis, often on a small percentage of shares. CEFs often use leverage, which can increase a fund’s risk or volatility. The actual amount of distributions may vary with fund performance and other conditions.

Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal. Forward-looking statements, expectations, and projections are inherently uncertain, and actual results may differ materially from those discussed.

This content does not take into account the specific investment objectives, financial situation, or particular needs of any individual investor. Prospective investors should consult their financial, legal, and tax advisers before making any investment decision.