In Plus episode 488, David reviews changes in his portfolio, including adding a fixed-income bullet ETF, an equity buffer ETF, and increasing his allocation to CLOs. We discuss why Pershing Square didn't move forward with its closed-end fund IPO. Finally, we revisit why it is advantageous for closed-end funds to sell at a premium even though most do not. 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 … [Read more...]
Portfolio Trade: Adding Bullet ETF, Buffer ETF and Increasing CLO Exposure
Become a Member If you would like read about these portfolio trades, consider becoming a member of the Money For the Rest of Us Plus. Learn More About Membership » Yesterday, David added two new ETFs to his portfolio, the Invesco BulletShares 2031 Corporate Bond ETF (BSCV) and the iShares Large Cap Max Buffer ETF (MAXJ). David also increased his allocation to the BlackRock AAA CLO ETF (CLOA). BulletShares 2031 Corporate Bond ETF (BSCV) At the end of July, David had a U.S. … [Read more...]
487 Plus: Bank Loans, CLOs, and Pershing Square’s New Closed-end Fund
In Plus episode 487, we answer some members' questions on bank loans and collateralized loan obligations. We also analyze Pershing Square USA (PSUS), Bill Ackman's anticipated closed-end fund initial public offering. 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 » 487 Plus Show Notes PSUS presentation PSUS … [Read more...]
424 Plus: CLO ETF Trade, Bonds vs Stocks, Preferred Stock Dividends, and AI ETFs
In Plus episode 424, we review a recent portfolio trade David made. We look at the valuations of stocks versus bonds. We consider why more preferred stocks are non cumulative versus cumulative. Finally, we review an ETF that invests in AI. 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 » 424 Plus Show … [Read more...]
Portfolio Trade: Adding CLO ETF
Become a Member If you would like to read about this portfolio trade, consider becoming a member of Money For the Rest of Us Plus. Learn More About Membership » Yesterday, David purchased the BlackRock AAA CLO ETF (CLOA) by allocating some of his existing cash. CLOA invests in the highest-rated tranches of collateralized loan obligations, also known as CLOs. Collateralized loan obligations are structured securities that invest in syndicated bank loans, known as leveraged … [Read more...]
