MFD News and Press, Macquarie First Trust Global From 09/28/22

Summary 0 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. Real estate CEFs lag. OPP rights offering expires. Author’s note: This article was released to CEF/ETF Income Laboratory members on September 21, 2022. Pleas...

In the last Equity CEF Performance update, I called the prior week a "good" week. This week, I will upgrade that to a "VERY good" week, particularly for leveraged CEFs. With the S&P 500 gaining +4.3% on the week and the NASDAQ-100 +4.5%, those strong moves actually paled in compar...

We previously discussed Buffett's explanation for why smart people go broke. We then made the connection to why we generally don't buy CEFs. However, this does not mean that investors should never buy any CEFs under any circumstances. Back in March, we wrote : ...

Buying-opportunity or a falling-knife still? That's the question though there were definitely signs-of-panic on Friday as word got out that a couple big hedge-funds were liquidating their technology holdings. Certainly, the damage and bearishness is starting to rival that of March of ...

I was doing some investment research yesterday, and found myself sifting through a list of the best-performing investments of the 2022 so far. Perhaps unsurprisingly, they’re all incredibly aggressive instruments – arcane cryptocurrencies, 3X leveraged oil ETFs and the like &#...

Warren Buffett once listed the only 3 ways that a smart person can go broke. We zero in on one of those reasons to explain why it is so dangerous for investors. We then make the connection to why we don't buy CEFs. For further details see: Buffett Warns Of How Smart Peop...

Several of the utility/infrastructure funds in the CEF space are pretty popular. The utility and infrastructure space can be a good fit for a CEF portfolio, providing steady income through regular cash flow due to being necessary for everyday life. We will be looking at a review o...

MEGI launched in October 2021 in a space that I watch particularly close as an income investor. The twist with this fund is that it is "thematic" in "megatrends" of decarbonization, digital transformation, and asset modernization. The fund launched with a monthly distribution of $...

I promised readers of my book, "The Income Factory: An Investor's Guide to Consistent Lifetime Returns," that I would periodically review and update the model portfolios here on Seeking Alpha. Obviously a lot has happened (COVID, the energy crash and recovery, etc.) since the McGraw-H...

Industrial production rose 0.4 percent in June, the eighth gain in the last nine months. However, manufacturing output, which accounts for about 75 percent of total industrial production, decreased 0.1 percent. All other industries combined (total excluding energy, high-tech, and moto...