- Markets returned to volatility as the tech boom became a tech wreck. The Nasdaq entered a full bear market falling over 20% from the peak.
- Our Core Income Portfolio is now over four years old and did well in September bucking the downward trend in the markets.
- Income (after tax) continues to increase thanks to some rising distributions and avoiding the large cutters.
- Avoiding landmines and not sticking your neck out into clear yield traps like CLOs, MLPs, and most of the equity CEF market has served us well.
- There is a lot of opportunity out there at the moment within both favorable asset classes and unfavorable.
For further details see:
Our Core Income Portfolio: Bucking The Trend