MFD News and Press, Macquarie First Trust Global From 01/17/24

2024-01-17 11:56:05 ET Summary Several high-yielding closed-end funds have announced increased monthly distributions for 2024. The funds mentioned have a forward annual yield exceeding 10%, except for one that yields 9.5%. The funds that raised their distributions include abrd...

2024-01-09 21:02:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-12-23 23:56:58 ET Summary Utilities remain attractive as long-term investments, and the headwind of higher rates is quickly turning into a tailwind for the sector that could continue through 2024. BlackRock Utilities, Infrastructure & Power Opportunities Trust and abrdn G...

2023-12-18 05:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-11-08 03:54:37 ET Summary For the third straight month, both equity (-2.52% on a NAV basis) and fixed income (-1.62%) CEFs on average suffered downside performance. At month end, 6% of all CEFs traded at a premium to their NAV, with 8% of equity CEFs and only 5% of fixed inco...

2023-09-24 09:15:00 ET Summary Utilities sector underperforms in 2023 due to rising rates and wildfire liabilities. Reaves Utility Income Trust has outperformed over the past 10 years and has a deep discount to NAV. Reaves has a lower yield but the highest 5-year dividend grow...

2023-08-18 14:22:52 ET Summary Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund offers a high yield of 10.44% and is trading below its intrinsic value. The MFD closed-end fund invests in companies involved in infrastructure and utilities assets, pro...

2023-05-15 11:31:01 ET Summary April saw the market continuing to push off the lows it touched in March due to bank failures. Despite the overall uncertainty and precarious banking situation, the overall market volatility has continued to sink lower and lower. The theme for ad...

2023-04-12 13:05:09 ET Summary MFD enjoyed a relatively calm 2022 when most other asset classes saw sizeable drops. The utility exposure that helped it out last year has been a bit weaker this year, but the fund has still provided some gains. The fund's deep discount could mak...

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...