Taggart: Closed-end funds struggled and discounts widened during 1Q
The NAVigator
English - April 22, 2022 13:45 - 11 minutes - 11.1 MB - ★★★★★ - 5 ratingsInvesting Business closedendfunds Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: For private-equity success, commit to riding 'the J-curve'
Mike Taggart of Taggart Fund Intelligence -- executive director of the Active Investment Company Alliance -- reviews the first-quarter results for closed-end funds, noting that discounts widened out during a rough period for the market, reaching a crossroads where investors are trying to decide now if the discount has hit a level low enough to represent a good risk premium and a buying opportunity. Taggart also discusses interval funds, the focus of an upcoming AICA educational event, and how the growth in the space is giving investors interesting opportunities in alternatives.