ASGI / 5 Closed-End Fund Buys In The Month Of August 2023 (Plus 2 I Sold)

abrdn Global Infrastructure Income Fund has a unique positioning with overweighted industrial stocks, which has helped its performance relative to oth more_horizontal

abrdn Global Infrastructure Income Fund is a closed-end fund that focuses on global utilities and infrastructure equity investments. The fund has a hi more_horizontal

This month, I added to 5 different closed-end funds, but it came from the result of selling off 2 for swaps as well. Swap opportunities come up as we more_horizontal

The utility sector has been underperforming in 2023 due to the rising interest rate environment, but that doesn't mean they aren't attractive or can't more_horizontal

In June, the broader indexes headed higher, with more participation outside of only the mega-cap growth names. As usual, I continue to put capital to more_horizontal

ASGI, a non-leveraged infrastructure CEF, benefits from a heavy weighting towards industrials. The fund's large discount and attractive distribution y more_horizontal

The money supply is shrinking and the Federal government is gobbling up an ever-growing percentage, starving private businesses of growth capital. abr more_horizontal

0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results. more_horizontal