CEF INSIGHTS

AI, Energy & Impacts on Infrastructure Investing

As global energy demand continues to surge, infrastructure investment maintains a critical role in meeting the needs of tomorrow. Gain updates on the current market, outlook, and potential opportunity for income-focused investors from CBRE Investment Management Chief Investment Officer Jeremy Anagnos.  

CBRE Investment Management is sub-advisor to the NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI), managed by New York Life Investments. The Fund’s primary investment objective is to seek a high level of total return with an emphasis on current income.

Finding Income & Stability with Senior Loans

As the only liquid fixed income investment with no duration, U.S. senior floating rate loans offer unique protection against interest rate volatility along with high yield, making them a valuable diversifier in income-focused portfolios. Dive deeper into the benefits of senior loans and Nuveen’s strategy and outlook with Nuveen Head of Senior Loans Scott Caraher.

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions including the Nuveen Floating Rate Income Fund (JFR).

The Case for Convertibles & High Yield

With additional capital raised in 2024, the Advent Convertible & Income Fund (AVK) balances convertible securities and high yield bonds as it aims to provide capital appreciation and income amid current market conditions. Gain updates on the Fund’s portfolio allocation, performance and potential opportunities from Portfolio Manager Tony Huang.

Advent Capital Management is the Investment Adviser of the Advent Convertible and Income Fund (AVK). The Servicing Agent for the Fund is Guggenheim Funds Distributors.

Opportunities for Income with Real Assets

Easing interest rates, stabilizing inflation and resilient economic growth could make real assets like infrastructure and real estate attractive opportunities for new capital deployment in 2025. Gain insight into the potential of real assets with Brookfield Oaktree’s 2025 outlook, strategy and more.

Brookfield Oaktree Wealth Solutions provides financial advisors and their clients with a variety of alternative investments, including the Brookfield Real Assets Income Fund Inc (RA), managed by Brookfield Public Securities Group.

Building Income with Mortgage Securities

Whether Fed adjustments lead to a soft landing or further easing, mortgage securities’ diversification benefits and potential for higher yields with reduced volatility make them an attractive option for income-oriented investors. Discover Western Asset Management’s unique approach to the strategy with the Western Asset Mortgage Opportunities Fund (DMO) and 2025 fixed income outlook.

A Franklin Templeton company, Western Asset Management is the investment advisor for the Western Asset Mortgage Opportunities Fund (DMO).

Gold Sector Review & 2025 Outlook

Gold continues to trade near all-time highs. As the broader market sees interest rate cuts and improving inflation mixed with challenging federal deficits, an election and other factors, where can investors find potential opportunities? Gain insight into gold, precious metals and minerals with a sector review and outlook from Merk Investments President and Chief Investment Officer Axel Merk.

Merk Investments focuses on gold, precious metals, and minerals, and is the Advisor to ASA Gold and Precious Metals Limited (ASA), a closed-end precious metals fund.

Liberty All-Star’s Multi-Manager Equity Strategies for Income

Unique among closed-end funds, the multi-manager approach of the Liberty All-Star Growth Fund (ASG) and Liberty All-Star Equity Fund (USA) has helped promote consistent performance and support distributions for over 37 years. Gain insight into the benefits of this strategy, how ASG and USA are currently positioned, and why the funds fit well in a retirement portfolio from Robert Milas, Director of Research with SS&C ALPS Advisors, the investment manager of the funds.

About Liberty All-Star Funds
With a multi-manager approach to investing, Liberty All-Star Funds enables individual investors to access a portfolio of diversified, institutional-quality equity investment managers in support of their long-term investment objectives.

MEGI & the Growing Need for Infrastructure

Increasing global demand for energy and other utilities amid slowing economic growth, expectations for declining interest rates in markets worldwide, and other factors present potential opportunities in infrastructure. Learn more from CBRE Investment Management’s David Leggette, who offers insight into the current environment and why the MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI), managed by New York Life Investments, may be attractive to income-oriented investors.

Accessing Private Credit with Interval Funds

Interval funds have surged in popularity among investors seeking diversification, access to private securities and alternative assets, and the potential for higher returns. And in recent years, private credit-focused intervals have shown especially strong growth. In this first CEF Insights Podcast episode on intervals, FS Investments Managing Director of Credit Wealth Solutions Robert Hoffman offers insight into the current interval fund environment, the benefits of a private credit strategy, and more.

Learn more about interval funds at CEFA.com with resources including interval fund data, education, and news.

FS Investments is a global alternative asset manager dedicated to delivering superior performance and innovative investment and capital solutions, including closed-end funds and interval funds. Learn more at fsinvestments.com.  

Activism & The Importance Of Shareholder Voting

Many closed-end funds continue to face activism which is often focused on short-term actions that may not benefit the long-term strategy of a fund – and limited shareholder participation in proxy voting can give activists outsized influence. In this two-part discussion, learn about the importance of shareholders participating in proxy voting from Georgeson’s Chris Hayden and typical activist proposals and the potential impacts on a fund from Chatsworth Securities’ Dennis Emanuel.