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Closed-End Fund News
Market Commentaries
How Some Major Bond Indices Have Fared Over The Past Five Years

Jun. 21, 2016 - First Trust -  View from the Observation Deck
1. Today’s blog post is a simple exercise we can do to quickly assess how the various major bond categories are performing.
2. We are using a five-year time frame because it has historically been characterized as a long-term holding period for securities.
Policy Stagnation
Jun. 20, 2016 - First Trust -  Back in the 1970s, President Jimmy Carter told us that we were just going to have to learn to live with less. The mood among establishment economists in the late 1970s was gloomy. The world was running out of oil; inflation was an odd phenomenon that was beyond our control. Sure, we could get lower unemployment, but only by letting inflation get even higher. Somehow, the US had lost its post-war economic mojo and just wasn’t going to get it back.
Recent Commentaries
UK Small and Mid-cap Investment Trusts Fall Up to 20%
Jun. 30, 2016 - Morningstar, Inc. -  Closed-end funds invested in small and mid-cap stocks have dropped in price since the Brexit vote was revealed last week, creating an opportunity for the brave contrarian investor
How Some Major Bond Indices Have Fared Over The Past Five Years

Jun. 21, 2016 - First Trust -  View from the Observation Deck
1. Today’s blog post is a simple exercise we can do to quickly assess how the various major bond categories are performing.
2. We are using a five-year time frame because it has historically been characterized as a long-term holding period for securities.
CEF Industry Reports
The India Fund, Inc. (IFN)
Apr. 15, 2016 - Aberdeen Asset Management -  How was your recent chat with Rajan?
Our Asian Fixed Income colleagues met Reserve Bank of India governor Raghuram Rajan last month. Despite reports of tensions between Rajan and Finance Minister Arun Jaitley, our chat with the head of the central bank did not reveal any disagreements over policy. Rajan was supportive of Jaitley’s latest budget as one that would allow a moderation in inflation while assisting with productivity improvements in agriculture.
Corporate Loan CEFs
Jan. 07, 2016 - Wells Fargo Advisors -  Attractive valuations
Corporate loans, as an asset class, have been quite popular in the past year as retail assets have flowed out of mutual funds and exchange-traded tracking products (ETPs) that hold loans. In fact, according to Morningstar, loan mutual funds and ETPs have experienced a net outflow of almost $21billion in the past year through November 30, 2015 (see Chart 1 below).
Featured CEF Fund Reports
The India Fund, Inc. (IFN)
Apr. 15, 2016 - Aberdeen Asset Management -  How was your recent chat with Rajan?
Our Asian Fixed Income colleagues met Reserve Bank of India governor Raghuram Rajan last month. Despite reports of tensions between Rajan and Finance Minister Arun Jaitley, our chat with the head of the central bank did not reveal any disagreements over policy. Rajan was supportive of Jaitley’s latest budget as one that would allow a moderation in inflation while assisting with productivity improvements in agriculture.
Aberdeen Emerging Markets Equities

Dec. 16, 2015 - Aberdeen Asset Management -  Money has been flowing out of emerging markets ahead of a U.S. Federal Reserve (Fed) rate hike. When will this stop?
Emerging markets have been suffering from outflows, particularly in July and August, after Chinese A-shares tumbled from multi-year highs. We saw rising volatility in the markets on concerns ranging from a slowdown in China to the timing of the Fed’s rate hike.
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