This week on Plus episode 497, we review David's trade to sell ASGI. We review historical default rates for bonds and CLOs. We also explore why non-U.S. stock valuations are lower today than 20 years ago. Become a Member If you would like to listen to this episode of Money For the Rest of Us Plus, you can do so by becoming a Money For the Rest of Us Plus member. Learn More About Membership Options » 497 Plus Show Notes Portfolio Trade: Exiting Global Infrastructure Closed … [Read more...]
Portfolio Trade: Exiting Global Infrastructure Closed End Fund
Become a Member If you would like to read about these portfolio trades, consider joining Money For the Rest of Us Plus. Learn More About Membership » This morning David sold his position in the abrdn Global Infrastructure Income fund (ASGI). This closed-end fund recently merged with the Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) that David purchased in December 2020. At the time, MFD was selling at a 14% discount to NAV. First Trust and … [Read more...]
