ETFS

The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Most of the information has been sourced from CEFInsight or
0 Comments
Since the COVID-related market meltdown in March, equity funds (including ETFs) have continued to suffer net outflows despite the average equity fund moving into positive territory and posting a year-to-date return of 2.93%. They have handed back some $317.0 billion year to date (their largest net outflows for any full one-year period) through the Refinitiv
0 Comments
Thesis Summary The Fidelity Blue Chip Growth Fund (FBGRX) is an ETF that invests most of its assets into blue-chip growth stocks. It has outperformed its peers and the market over the last few years and I have strong reasons to believe this will continue. The fund invests in large and established companies, which have
0 Comments
Author’s note: This article was previously released to CEF/ETF Income Laboratory members on Oct. 12, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to
0 Comments
This article series shows every month a dashboard with aggregate industry metrics in technology and communication services. Most of the companies used to calculate these metrics are holdings of the Technology Select Sector SPDR ETF (XLK) and the Communication Services Select Sector SPDR ETF (XLC). Therefore, this is also a top-down survey of XLK and
0 Comments
This article series shows every month a dashboard with aggregate industry metrics in healthcare. Most of the companies used to calculate these metrics are holdings of the Health Care Select Sector SPDR ETF (XLV). Therefore, this is also a top-down survey of XLV. Shortcut If you are used to this dashboard series or if you
0 Comments
The market had lost some of its mojo in September but has regained ground since the start of this month. The S&P 500 is attempting to make new all-time highs once again. So, what’s leading this fresh momentum? It’s probably a combination of many positive factors, for example, the renewed hope of a fresh round
0 Comments
Our last article on Cornerstone Total Return Fund (CRF) provided a great fodder for the debate. This was similar to our earlier article on its sister fund Cornerstone Strategic Value Fund (CLM). While we thought the data we provided was powerful enough, there were still skeptics. We thought the best way to address that, was
0 Comments
The VanEck Emerging Markets Bond Fund (MUTF:EMBAX) utilizes a flexible approach to emerging markets debt investing and invests in debt securities issued by governments, quasi-government entities or corporations in emerging markets countries. These securities may be denominated in any currency, including those of emerging markets. By investing in emerging markets debt securities, the Fund offers
0 Comments
Welcome to Orchid’s Silver weekly report, in which we wish to deliver our regular thoughts on the silver market through the Aberdeen Standard Physical Silver Shares ETF (SIVR). Investment thesis SIVR has rebounded decently since late September, which has been triggered by a renewed fall in the dollar. Short-term US real interest rates have stabilized,
0 Comments
The VanEck Vectors Morningstar Wide Moat ETF (MOAT) relies on Morningstar’s moat investing philosophy, which focuses on companies with sustainable competitive advantages trading at attractive valuations. The ETF’s track record since its inception in 2012 has been convincing, with Morningstar recognizing the strong moat of FAANG stocks, enabling the ETF to capitalize on their rise.
0 Comments
All of a sudden, the future outlook turns more positive and SPY decides to break out to the upside, instead of continuing down to test the lower limits. The market seems to know the results of the impending election and is happy with the outcome. Trump wants a bigger stimulus package. The news on the
0 Comments
Refinitiv Lipper’s fund asset groups (including both mutual funds and ETFs) experienced net negative flows of $9.3 billion for the fund-flows trading week ended Wednesday, October 7. This week’s results marked the ninth straight overall net outflow for funds during which time their coffers have contracted by almost $159 billion. In this week’s activity, the
0 Comments
The Aberdeen Asia-Pacific Income Fund (NYSEMKT:FAX) is a closed-end fund that invests in Asia-Pacific region bonds and debt securities. While the COVID-19 pandemic has represented a challenging market environment, the fund has been able to overcome significant volatility to return 2% thus far this year. The actively-managed fund currently yields 8.3% distributed monthly, making it
0 Comments
Author’s note: This article was released to CEF/ETF Income Laboratory members on October 1, 2020. Please check latest data before investing. Background Remember, when Franklin Resources (NYSE:BEN) acquired Legg Mason, shareholders of the Legg Mason CEFs (including the Western Asset and Royce Funds) had to approve new management and subadvisory contracts for the funds to
0 Comments
So far the SPY (NYSEARCA:SPY) has had a normal correction after an enormous move up from the bottom of a market crash to a rather surprising new high. This move was fueled by extreme fiscal and monetary stimulus. The latest stimulus package is stalled in Congress and the market move up is also stalled. Interest
0 Comments
As you can see in the following chart, the Invesco DB Gold Fund (NYSEARCA:DGL) has performed quite strongly this year with shares sitting on a 24% year-to-date gain. It is my belief that now is a solid time to buy gold. I believe that the long-run fundamentals suggest that gold is going to head higher
0 Comments
The ProShares UltraPro Short S&P 500 ETF (SPXU) is one of the most popular instruments to short the broad market for trading or hedging purposes. However, its daily -3X leverage factor is a source of drift. It must be closely monitored to detect changes in the drift regime. This article explains what “drift” means, quantifies
0 Comments
Written by Nick Ackerman, co-produced by Stanford Chemist The Calamos Strategic Total Return Fund (CSQ) offers investors an attractive blend of convertible exposure and common equity exposure. Equities dominate the largest allocation of the fund’s portfolio, led by the tech sector. Though the allocation to tech isn’t egregiously large overall. In fact, the allocation of
0 Comments
The political economy of South Africa is a mess. The South African government often fails to even provide basic services. For example, earlier this year, there was a wave of power outages euphemistically called “load shedding.” Inconsistent power devastated productivity. According to Transparency International, 18% of public service users paid a bribe in the past
0 Comments
In the last few weeks, a couple of important PIMCO updates hit investor screens. We saw the second part of the annual shareholder report covering the remainder of PIMCO taxable funds. Investors also saw the August coverage figures released earlier in the month. July figures were odd, to say the least, so shareholders were keen
0 Comments