Big Picture Update Of The CEF Market
This is an extract from an earlier article at Systematic Income Premium In the middle of any extended drawdown, getting your bearings as an investor can be very difficult. In …
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Attractive Income Opportunities In Niche And Resilient Sectors
This is an extract from an earlier article at Systematic Income Premium It’s fair to say that one takeaway for income investors this year is that a lot of the …
Income Opportunities For A Heightened Volatility Environment
After a steady uptrend since the end of Q1 2020, markets turned significantly more volatile this year. For instance, stocks, as measured by the S&P 500 index, saw a 24% …
FDUS: Why We Bought This 10.4% – Yielding BDC
The Business Development Company Fidus Investment Corp (FDUS) delivered a strong Q2, in line with its excellent track record. It trades at a 10.4% dividend yield. Despite an equity-overweight portfolio …
Why Our BDC Portfolio Sleeve Is Up 10% Year-To-Date
Our approach to income investing is to allocate across a diverse set of investment structures, including open-end funds, closed-end funds, BDCs, preferred securities and baby bonds. This “structural diversification” ensures …
This Is Our Inflation Income Playbook
June brought another upside surprise in the headline rate of inflation. With upside surprises happening seemingly every month, this no longer feels very surprising to many income investors. In this …
How We, As Income Investors, Are Navigating Recession Risks
That the economy will soon enter a recession is quickly becoming the consensus view. Few investors believe that the Fed will be able to engineer a soft landing. Rather, many …
An Awareness Of Value Helps Income Investors Hit Their Goals
Welcome to another weekend blog post from Systematic Income. In this quick post we highlight why it’s important for investors to keep a eye on how much yield they are …
We Continue to Add to This 10%-Yielding Resi Mortgage Fund
In this post, we take a look at the Western Asset Mortgage Defined Opportunity Fund (DMO), trading at a 10% current yield and a 9.6% discount to NAV. The allocation …
Why We Like This 8% Yielding Preferreds CEF
Within the broader fixed-income umbrella, PTA features a decent-quality profile, holding preferreds of primarily investment-grade household-name issuers. The fund’s preferred portfolio itself is about a third investment-grade with more than …