3 Closed-End Fund Buys In February's Volatile Market

Mar. 15, 2022 12:48 PM ET, , , , 35 Comments

Summary

  • I've added three different positions that presented a reasonably attractive opportunity.
  • Two of the three positions have less exposure to the global markets but have been hit with broader volatility just the same.
  • Every month, I add to my positions or buy new positions in my portfolio to grow my income over time.
  • Looking for a portfolio of ideas like this one? Members of CEF/ETF Income Laboratory get exclusive access to our model portfolio. Learn More »

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The market's tone hasn't changed all that much from January to February now. In fact, it seems that more instability and uncertainty are happening due to the Russia-Ukraine conflict. Using the VIX, we are once again over the 30, which

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This article was written by

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Nick Ackerman is a former financial advisor using his experience to provide coverage on closed-end funds and exchange-traded funds. Nick has previously held Series 7 and Series 66 licenses and has been investing personally for over 14 years.

He contributes to the investing group CEF/ETF Income Laboratory along with leader Stanford Chemist, and Juan de la Hoz and Dividend Seeker. They help members benefit from income and arbitrage strategies in CEFs and ETFs by providing expert-level research. The service includes: managed portfolios targeting safe 8%+ yields, actionable income and arbitrage recommendations, in-depth analysis of CEFs and ETFs, and a friendly community of over a thousand members looking for the best income ideas. These are geared towards both active and passive investors. The vast majority of their holdings are also monthly-payers, which is great for faster compounding as well as smoothing income streams. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of BSTZ, EVT, RQI, HTD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This article was originally published to members of the CEF/ETF Income Laboratory on March 1st, 2022

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