This Closed-End Fund is Selling at a Discount

In this week’s Investment of the Week, Vivian Lewis, Editor of Global Investing, explains why she likes this global closed-end fund. “Insiders Saba of Grand Cayman bought another $992,000 in shares of Advent Claymore Global Convertible Fund (AGC), a closed-end fund (CEF) in which now...
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RiverNorth/Oaktree High Income (RNOTX)

The majority of this fund’s holdings (89%) are in the financial services segment. The dividend yield is 4.33%. paid monthly. RiverNorth/Oaktree High Income (RNOTX) from The Investor’s Edge RiverNorth/Oaktree High Income (RNOTX) is a unique collaboration two rather different styles: RiverNorth provides tactical asset allocation via in...
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H&Q Healthcare Investors (HQH)

It looks like biotechs may be making a rebound, which may garner a closer look at this closed-end fund. H&Q Healthcare Investors (HQH) from Investor’s Edge H&Q Healthcare Investors (HQH) top 5 holdings are Gilead Sciences, Celgene, Regeneron Pharmaceuticals, Biogen Idec, Alexion Pharmaceuticals, and Amgen, all in...
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AllianzGI Convertible & Income Fund II (NCZ)

In today’s Daily Alert, Forbes/Lehmann Income Securities Investor Editor Jack Colombo recommends a high-yielding closed end fund. “AllianzGI Convertible & Income Fund II (NCZ, $9) is managed by Allianz Global Investors Fund Management LLC with Pacific Investment Management Company LLC serving as one of sub-advisors. The...
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Convertible Bonds and Convertible Bond Funds

“Quite a few subscribers over the years have asked us about convertible securities funds, about which we have written little before now. Theoretically, such securities offer a compelling package: less risk than pure equities, combined with more income. However, holders sacrifice some potential capital...
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