All posts tagged "Closed-End Funds"

  • Adams Natural Resources - PEO
    Closed-end Fund Adams Natural Resources to be Added to the SMA Portfolio

    There are occasions when a Closed-End Fund (CEF) is preferable to holding a comparable ETF due to the positive effect a high discount has on expected return.

    • Posted July 1, 2015
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  • SGL Closed End Fund
    SGL Added to SMA Portfolio

    As mentioned in a previous post regarding the opportunity in closed-end funds , a position was initiated in the Strategic Global Income Fund.

    • Posted January 2, 2014
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  • Western Asset Emerging Markets Fund 12 Months Return
    EMD Added to SMA Portfolio

    As mentioned in the previous post regarding the opportunity in closed-end funds , a position was taken in the Western Asset Emerging Markets Income Fund (EMD).

    • Posted December 20, 2013
    • 0
  • Closed end fund discounts 2013
    Year-End Opportunity in Closed-End Funds

    Having invested in Closed-End Funds (CEF) many times in the past, I'm on the lookout when opportunities present themselves because yields can be enticing if the discounts to Net Asset Value (NAV) are wider than usual.

    • Posted December 16, 2013
    • 1
  • Jeffrey Gundlach - Doubleline
    Bond King Jeffrey Gundlach: Investors Can Get 8% Returns

    On CNBC today, recently proclaimed bond king Jeffrey Gundlach, CEO and CIO of Doubleline, provided his latest views on the markets to host Scott Wapner

    • Posted August 29, 2013
    • 1
  • Just About Everything You Wanted to Know About the Efficient Market Hypothesis

    Philip S. Russel and Violet M. Torbey, both academics, have written an extensive article on the Efficient Market Hypothesis (EMH). Russel and Torbey describe the three recognized forms of EMH: First, what do we mean by an...

    • Posted November 17, 2010
    • 2
  • Muni Bonds Are Getting Whacked

    Bonds have been weak the last couple of weeks with municipal bonds plunging the most. Some closed-end funds (CEF) such as Invesco Municipal Premium Income Trust (PIA) are down about 15% from their highs in August. PIA,...

    • Posted November 16, 2010
    • 0
  • Portfolio Tweaking

    The SMA Portfolio featured here has a portion of the fixed income allocation invested in closed-end funds. Two of the funds, Putnam Premier Income Trust (PPT) and MFS Charter Income Trust (MCR), were trading at substantial discounts...

    • Posted February 17, 2010
    • 1
  • Closed-End Funds: The Allure and Pitfalls

    Stan Luxenberg, TheStreet.com, has written an article entitled “Closed-End Funds Sell for Bargain Prices.” Luxenberg discusses how closed-end funds can swing wildly between premiums and discounts to Net Asset Value (NAV). He mentions a couple of funds...

    • Posted October 31, 2009
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  • Closed-End Fund Discounts Have Narrowed

    Brett Arends reports that discounts on closed-end funds have narrowed significantly; from a very abnormal 26% last fall to the current average of 4.5%. Thomas Herzfeld who specializes in finding attractive closed-end funds rates the following as...

    • Posted June 18, 2009
    • 0