PAI

Weekly Report: what happened at PAI last week (0408-0412)?

4 Closed-End Fund Buys In The Month Of March 2024

Nick Ackerman: Cash is becoming increasingly appealing as the market hits all-time highs. Ackerman adds to three positions he already holds and makes a swap. He adds to his position in the BlackRock Utilities, Infrastructure & Power Opportunities Trust. He also buys in to the PIMCO Dynamic Income Strategy Fund in March 2024.

Weekly Report: what happened at PAI last week (0401-0405)?

Weekly Report: what happened at PAI last week (0325-0329)?

Weekly Report: what happened at PAI last week (0318-0322)?

PAI: Bonds And The Fed May Still Be Too Optimistic

The Western Asset Investment Grade Income Fund has a lower yield than most fixed-income closed-end funds and money market funds. The fund has outperformed the Bloomberg U.S. Aggregate Bond Index over the past six months. The strategy of the fund primarily focuses on investing in long-dated investment-grade bonds. It has a 4.92% current yield and is exposed to interest rate risk.

Weekly Report: what happened at PAI last week (0311-0315)?

3 Closed-End Fund (Plus An ETF) Buys In The Month Of February 2024

Nick Ackerman's monthly buy list includes 3 closed-end fund buys in the month of February 2024. Ackerman believes there are still opportunities to put cash to work. The market continues to reach new record highs, but Ackerman says he's not buying too much in February. He's looking for opportunities in the value-oriented sectors and out-of-favor sectors.