Oppenheimer’s Penn: ‘Fairly valued’ BDCs
Mitchel Penn, Managing Director of Equity Research for Oppenheimer & Co., says that business-development companies are now "fairly valued" by the market, which means that their biggest potential gains for the remainder of the year will come from simply capturing dividend payouts.
Ares’ Brufsky: In low-yield world, diversified high-yield holdings are worth a look
Seth Brufsky, chief executive officer at Ares Dynamic Credit Allocation Fund, ticker ARDC, discusses how investors can benefit from expanding their fixed-income holdings into leveraged loans, collateralized-loan obligations and other high-yield investments...
Roosevelt’s Konrad talks closed-end fund’s value-investing edge
Rick Konrad, director of value strategies at The Roosevelt Investment Group says that closed-end funds have some natural advnatages over traditional mutual funds and ETFs when it comes to investing with a value bent, and while he uses all of the various types of investments...
