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...]
463 Plus: Model Portfolios, UK versus US Valuations, MCI Premium, and MFD Proxy Battle
In Plus Episode 463, we answer member questions on model portfolio implementations. We discuss the valuations and return expectations for UK stocks versus the USA. We discuss why the Barings Corporate Investor Fund (MCI) sells at a premium to its net asset value. Finally, we analyze the proxy battle being led by Saba Capital regarding the potential merger involving the Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD) Become a Member If you … [Read more...]
330 Plus: February 2021 Investment Conditions, Bond Fund Break Evens, and Municipal Bonds versus Utilities
In Plus Episode 330, we review investment conditions as of early February 2021. We calculate the break-even time for taxable and municipal bond funds to recoup price losses due to rising interest rates. We also compare municipal bond funds to utility dividend yields and find utilities to be more attractive. 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 … [Read more...]
323 Plus: December 2020 Investment Conditions and Portfolio Review
In Plus episode 323, we review current investment conditions including market returns, asset class valuations, economic trends and market internals. We also review David's portfolio including four recent trades that he made. market returns, market internals and the distribution dynamics for the new Covid-19 vaccines. 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 … [Read more...]
