ASGI - CEF Report September 2021 | A Broken Record

September, 17 2021 07:00 AM Aberdeen Standard Global Infrastructure Income Fund of Beneficial Interest

Discounts widened a bit but remain very tight relative to historical comparisons going back to 1996. Munis are now in line with taxable avg. premiums.
At this time, a counter-cyclical approach is warranted. I have been advocating rotating from leveraged, junkier, and discount susceptible structures to open-end funds.
Moving up quality is warranted at this point, but you will be reducing your income substantially by doing so.
We run through the scenario that is likely to drive discounts, on average, wider.
Are there any opportunities out there? We find a few but they are scarce today and the upside opportunity is relatively small in comparison to other time periods.

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Company Name:	Aberdeen Standard Global Infrastructure Income Fund of Beneficial Interest
Stock Symbol:	ASGI
Market:	NYSE