In Plus episode 565, I discuss recent portfolio trades that I made. We provide updated returns for U.S. and non-U.S. stocks for the fourth quarter compared to the rest of the year, including during presidential and mid-term election years. We examine whether the Virtus Seix Senior Loan ETF (SEIX) can replace the Virtus Seix Floating Rate High Income Fund (SAMBX). We answer a member's question about using a non-investment-grade bond bullet ETF to partially fund an upcoming balloon … [Read more...]
Portfolio Trade: Swapping Bank Loan Funds
Become a Member If you would like read about this portfolio trade, consider becoming a member of the Money For the Rest of Us Plus. Learn More About Membership » Yesterday, David sold his position in the BlackRock Debt Strategies Fund (DSU) and purchased the Virtus Seix Floating Rate Income ETF (SEIX). Both vehicles provide exposure to leveraged loans, also known as bank loans. You can learn more about leveraged loans in Episode 423 of the podcast and this video lesson. David sold … [Read more...]
