Mar 31, 2020
In this bonus edition of The NAVigator, Eric Boughton, portfolio manager at Matisse Capital discusses how the current market turmoil has pushed discounts to levels even greater than seen in the financial crisis of 2008, and while he expects some dividend cuts, he does not think any distribution reductions should...
Mar 27, 2020
Rob Shaker, portfolio manager at Shaker Financial, says that the current market has been hard on closed-end funds because closed-end instruments suffer any time there is fear-based selling. He warns against trading any time CNBC carries a graphic saying 'Markets in turmoil.' Yet, he adds, troubling times also make...
Mar 20, 2020
Bryce Rowe, senior equity research analyst for business development companies at National Securities, says that the current market turmoil has dropped prices -- expanding discounts -- while jacking up yields to massive levels, in some cases with payouts now set to be north of 30 percent. While he expects BDCs...
Mar 13, 2020
John Cole Scott, chief executive officer at Closed-End Fund Advisors and executive chairman of the Active Investment Company Alliance discusses the state of closed-end funds in the middle of the stock market's current meltdown. He notes that discounts have grown wider since the market stepped back from all-time highs...