In this interview from the NYSE, John Cole Scott, President & CIO of Closed-End Fund Advisors, discusses how he’s thinking about income-oriented portfolios heading into 2026 amid persistent inflation, evolving interest-rate expectations, and ongoing market volatility.
The conversation focuses on how different income sectors have historically behaved across market cycles, and where relative value may exist today—particularly within the closed-end fund (CEF) structure.
Topics and fund sectors discussed include:
- Master Limited Partnership (MLP) CEFs
- Real Estate & Real Asset CEFs
- Senior Loan / Floating-Rate CEFs
- Preferred Equity CEFs
- After-tax yield considerations
- Discount and valuation dynamics
- Historical NAV correlations across income sectors
John also references CEF Advisors’ Trifecta Analysis, which blends:
- Sector & manager exposure
- Distribution sustainability
- Discounts and relative valuation
The discussion is educational in nature and intended to help investors and advisors better understand the tools, trade-offs, and data points involved in evaluating income-focused strategies.
Explore the data referenced in this interview:
- Free CEF & BDC profile pages: cefdata.com
- 40+ CEF & BDC indexes: cefdata.com/index