Oct 30, 2020
John Cole Scott, chief investment officer at Closed-End Fund Advisors and the founder and executive chairman of the Active Investment Company Alliance does a quick 1-2-3 in this week's edition of The NAVigator, answering three questions from the audience and giving 2 ticker symbols worth following in one wide-ranging...
Oct 23, 2020
Bryce Rowe, senior equity research analyst for business development companies at National Securities Corp., returns to the NAVigator to revisit business-development companies now. In his last appearance -- just days before the stock market bottomed out from its winter swoon and as the country was just entering...
Oct 16, 2020
David Tepper of Tepper Capital Management in San Francisco explains why he uses closed-end funds almost exclusively in his client portfolios, noting that in today's market conditions there are plenty of opportunities to build a well-diversified portfolio at a discount, and adding that even long-term closed-end...
Oct 9, 2020
Peter Vanderlee of ClearBridge Investments, co-manager of the LMP Capital and Income Fund, says that the stock market's recovery back to record-high levels hasn't made dividend stocks overpriced because much of the move has been in stocks that don't make distributions. Coupled with lower-for-longer interest rates,...
Oct 2, 2020
Terry Gallagher, executive vice president at UMB Fund Services, sees an industry-wide trend towards the development of new interval and tender-offer funds. Gallagher -- whose firm helps investment companies launch new issues -- covers the reasons why the structures are growing in popularity, the tax implications...