Previous 10 | Next 10 |
Summary We last looked at AVK around 8 months ago when a reader asked my thoughts. Since then, the fund's discount has opened up a bit further, but it still isn't appealing. The high distribution is attractive but is at risk for cuts similar to peers unless the rebound continues in ...
Summary CHY has had a tough time being highly leveraged and growth investments being out of favor. The fund relies heavily on capital gains to fund the distribution, and that could be a catalyst for a premium drop if it's adjusted lower. There are some alternatives that one could co...
Summary I have added to five positions in my portfolio, but I haven't included any new names. There was a mix of funds that were at attractive discounts, but also some that were pushing premiums. The main goal of building up my income month after month is still being achieved,...
GCV and ECF are both under the Gabelli umbrella and managed by the same people. GCV's distribution is higher, but ECF's distribution is also a fairly attractive 5% minimum managed policy. However, the performance of ECF is better, and the valuation is screaming for investors to sw...
The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the “Fund”) is pleased to announce the issuance of Series B Cumulative Preferred Shares (“Series B Preferred”) with an aggregate liquidation value of approximately $25 millio...
1 out of 23 CEF sectors positive on price and 0 out of 23 sectors positive on NAV last week. Volatility brings CEF rotation opportunities. Examples of three (non-portfolio) swaps. For further details see: Weekly Closed-End Fund Roundup: Volatility Brings CEF Rotation Opp...
April 11-May 20, 2022 readers mentioned 36 equities in their comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are ReFa/Ro). Ten analyst-target-estimated TOP-NET-GAIN reader fave/rogues, BTI, INTC, ARCC, CSCO, CHMI, ZIM, AJX...
We review CEF market valuation and performance through the second week of April and highlight recent market action. The recent rally fizzled as the CEF space fell sharply with most sectors dropping more than 1%. We highlight funds that are likely to be more resilient in the face o...
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...
The market rallied back from two and a half weeks of losses to finish the week in the green. The "sell the rumor, buy the news" adage comes to mind. It is unlikely we are out of the woods just yet - especially if the war escalates to include neighbors, or worse, NATO. I would be cauti...
News, Short Squeeze, Breakout and More Instantly...
Ellsworth Growth and Income Fund Ltd. Company Name:
ECF Stock Symbol:
NYSE Market:
2024-06-11 04:40:00 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...
2024-05-10 13:28:00 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...
2024-04-01 04:14:00 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...