Episode Details
Back to EpisodesCreate a 'quasi-bond' to get steady, high returns now from closed-end funds
Published 5 years ago
Description
The right mix of closed-end funds creates a quasi-bond, delivers steady ionJohn Cole Scott, chief investment officer at Closed-End Fund Advisors -- the founder/executive chairman of the Active Investment Company Alliance -- discusses what is involved in turning portfolios of closed-end funds into 'synthetic bonds,' delivering consistent returns above what is available in the fixed income markets, during times of concerns over inflation interest rates and possible tax hikes.