Group 1 - The article provides a review of closed-end fund (CEF) market activity, focusing on both individual fund news and broader market trends [1] - It highlights the importance of yield and risk management in the construction of income portfolios [1] - The article promotes the use of Interactive Investor Tools for navigating various financial markets, including BDC, CEF, OEF, preferred, and baby bond markets [1] Group 2 - The article encourages readers to explore investor guides related to CEFs, preferreds, and PIMCO CEFs [2] - It offers a no-risk opportunity for potential investors to sign up for a 2-week free trial [2]

Group 1 - The article provides a review of the closed-end fund (CEF) market, discussing both individual fund news and broader market trends [1] - It highlights the importance of yield and risk management in the construction of income portfolios [1] - The article promotes the use of Interactive Investor Tools for navigating various financial markets, including BDC, CEF, OEF, preferred, and baby bond markets [1] Group 2 - The article encourages readers to explore investor guides related to CEFs, preferreds, and PIMCO CEFs [2] - It offers a no-risk opportunity for potential investors to sign up for a 2-week free trial [2]

Group 1 - The article provides a review of closed-end fund (CEF) market activity, focusing on both individual fund news and broader market trends [1] - It highlights the importance of yield and risk management in investment strategies, particularly through the use of Income Portfolios [1] - The article encourages the use of Interactive Investor Tools for navigating various financial markets, including BDC, CEF, OEF, preferred, and baby bond markets [1] Group 2 - The article promotes Investor Guides related to CEFs, Preferreds, and PIMCO CEFs, indicating a resource for investors seeking information [2] - It offers a no-risk trial for potential investors, allowing them to explore services without initial commitment [2]

Group 1 - The CEF/ETF Income Laboratory manages closed-end fund (CEF) and exchange-traded fund (ETF) portfolios targeting safe and reliable yields of approximately 8% [1][2] - The service offers managed portfolios, actionable income and arbitrage recommendations, and in-depth analysis of CEFs and ETFs, catering to both active and passive investors [2] - The community consists of over a thousand members focused on finding the best income ideas, with a majority of holdings being monthly-payers for faster compounding and smoother income streams [2] Group 2 - Nick Ackerman, a former financial advisor with over 14 years of personal investing experience, provides coverage on closed-end funds and exchange-traded funds [3]

Core Viewpoint - The article highlights the investment potential of the SRH Total Return Fund (STEW), which, despite its lower dividend yield of 3.8%, has demonstrated strong total returns that surpass many higher-yielding closed-end funds (CEFs) [3][4]. Group 1: Fund Performance - STEW has doubled an investor's money over the last five years, outperforming the S&P 500, which increased by approximately 103% during the same period [4]. - The fund employs a value-investing strategy inspired by Warren Buffett, contributing to its lower volatility and long-term value appreciation [5]. Group 2: Investment Strategy - The largest investment in STEW is in Berkshire Hathaway, constituting about 45% of the fund's assets, alongside other high-quality firms like JPMorgan Chase, Enterprise Products Partners, and Microsoft [6]. - STEW focuses on underpriced stocks, which aligns with its value-investing approach [6]. Group 3: Valuation and Discounts - STEW currently trades at a discount to its net asset value (NAV) of just under 20%, which is significant for a CEF [9]. - The discount has widened over the past five years, despite the fund's strong performance, indicating market inefficiency that is expected to correct as more investors recognize its value [9][10]. Group 4: Dividend Growth - Although the 3.8% dividend yield is considered low for a CEF, the fund has experienced a 62% increase in its payout over the last five years, with recent acceleration in dividend growth [11]. - This growth in dividends, combined with the fund's discount and performance history, makes STEW an attractive investment option [11].

Core Viewpoint - Tri-Continental Corporation (NYSE: TY) is a closed-end fund that offers investors a high level of income from their portfolio assets [1] Group 1: Company Overview - Tri-Continental Corporation is designed to provide a method for investors to achieve significant income [1] - The fund focuses on generating a 7%+ income yield by investing in a portfolio of energy stocks [1] Group 2: Investment Strategy - The investment strategy aims to minimize the risk of principal loss while maximizing income yield [1] - Subscribers to the service gain access to exclusive investment ideas and in-depth research not available to the general public [1] Group 3: Subscription Offer - A two-week free trial is currently being offered for the investment service [1]

Group 1 - The article discusses the closed-end fund (CEF) market activity, providing insights from both individual fund news and broader market trends [1] - It emphasizes the importance of historical context in understanding current market dynamics [1] Group 2 - The article promotes the use of Interactive Investor Tools for navigating various financial markets, including BDC, CEF, OEF, preferred, and baby bond markets [2] - It encourages readers to explore investor guides related to CEFs and preferred securities, highlighting the educational resources available [2] - A promotional offer for a 2-week free trial is mentioned, aimed at attracting new users to the platform [2]

Group 1 - The article discusses the closed-end fund (CEF) market activity, providing insights from both individual fund news and broader market trends [1] - It emphasizes the importance of yield and risk management in investment strategies, particularly through engineered income portfolios [1] - The article encourages the use of interactive tools for navigating various investment markets, including BDC, CEF, OEF, preferreds, and baby bonds [2] Group 2 - The company offers investor guides specifically focused on CEFs, preferreds, and PIMCO CEFs to assist investors in making informed decisions [2] - A promotional offer for a 2-week free trial is highlighted, allowing potential investors to explore services without risk [2]

Group 1 - The article discusses the closed-end fund (CEF) market activity, providing insights from both individual fund news and broader market trends [1] - It highlights the importance of yield and risk management in investment strategies, particularly through the use of Income Portfolios [1] - The article promotes the use of Interactive Investor Tools for navigating various financial markets, including BDC, CEF, OEF, preferred, and baby bond markets [1] Group 2 - The article encourages readers to explore Investor Guides related to CEFs, Preferreds, and PIMCO CEFs [2] - It offers a no-risk opportunity for potential investors to sign up for a 2-week free trial [2]

Group 1 - The majority of income-seeking investors have considered or included PIMCO designed closed-end fund vehicles in their portfolios [1] Group 2 - Roberts Berzins has over a decade of experience in financial management, helping corporates shape financial strategies and execute large-scale financings [2] - Berzins has contributed to institutionalizing the REIT framework in Latvia to enhance liquidity in pan-Baltic capital markets [2] - His policy-level work includes developing national SOE financing guidelines and frameworks for channeling private capital into affordable housing [2] - Berzins holds a CFA Charter and an ESG investing certificate, and has experience with the Chicago Board of Trade [2] - He is actively involved in thought-leadership activities to support the development of pan-Baltic capital markets [2]