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8Jan, 2026

The NAVigator in 2025: Rewarding the Informed, Active Investor in an Evolving Market Landscape

By AICA|January 8th, 2026|Articles, Knowledge Center|

Increased access and familiarity with structured credit markets has spurred an overnight sector boom that some observers worry could cause another financial crisis.

14Aug, 2020

Ep. 51— Veteran writer Waggoner on why the media doesn’t like closed-end funds

By AICA|August 14th, 2020|Podcast|

Long-time financial journalist John Waggoner explains why he has always gravitated towards closed-end funds even as investors and the news media often ignored them, and then explains how and why closed-end funds can provide advantages...

13Aug, 2020

AICA’s Summer Summit

By AICA|August 13th, 2020|Past Events|

AICA’s Summer Summit August 13th, 2020

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Disclosure: This content is provided for informational and educational purposes only and is intended solely as a summary of the views expressed. The opinions expressed are those of the speakers and/or presenters as of the date of the content, are their own opinions, may not be the opinions of AICA and are subject to change without notice.

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.