VettaFi: Margin Debt Down 2.0% in February, First Decline in Ten Months
VettaFi: Margin Debt Down 2.0% in February, First Decline in Ten Months March 26th, 2026
AICA Panel: CEF Structure, Discounts Offer Investors Enhanced Yield
With closed-end funds (CEF) currently trading at a discount to NAV, a panel of leading asset managers at AICA’s 2023 Fall Roundtable said the closed-end nature of income-oriented CEFs offers investors enhanced yield and income generation due to those discounts. CEF investment strategies focused on value-oriented companies and private infrastructure could serve investors well, experts from Thornburg Investment Management, abrdn, and Brookfield said at the November 15, 2023, event in New York City.
John Cole Scott on CEF discounts, seasonality
On December 15, 2023, CEF Advisors President John Cole Scott dug into his firm’s research and data (CEFData.com) on closed-end fund discounts and seasonality, providing insight into their potential investment impacts. He also discussed related tax strategies for retired investors and gave a brief 2024 outlook, which was provided in full on the January 6, 2024, NAVigator podcast.
Thornburg’s Sparkman lengthens maturities and leans international now
Adam Sparkman, client portfolio manager at Thornburg -- part of the team running TBLD, the Thornburg Income Builder Opportunity Trust -- says that current market conditions favor the flexibility of a multi-asset approach...
XA’s Kim Flynn on Private Markets
Kim Flynn, President of XA Investments, talks about private market investments and how advisors are turning to them to create new opportunities for clients. With so many U.S. businesses still held by private funds, private offerings offer an enticing alternative to public equities, Flynn said. An interval fund, a type of SEC-registered closed-end fund, can house a range of private assets — including alternative credit....
ARDC’s Brufsky on how active management drives opportunities in a changing rate environment
Seth Brufsky, Chief Executive Officer for the Ares Dynamic Credit Allocation Fund, talks about how the start of rate cuts and a falling interest rate environment impacts high-yield bonds, leveraged loans and collateralized loan obligations, noting that fixed-rate ...
