))
Sizemore: "The Fed's actions have changed, but the discounts remain"
Manage episode 418750829 series 3561101
Content provided by Active Investment Company Alliance. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Active Investment Company Alliance or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Charles Lewis Sizemore, chief investment officer at Sizemore Capital Management, says that while short-term rates are as high as they are likely to be, the "massive discount" created in closed-end funds while rates were on the rise have not dissipated. That means closed-end funds remain a compelling value now, and Sizemore said he is finding particularly strong values in REIT-oriented funds and term funds. However, he noted that he's not a big fan of most equity-based funds now because with the market looking frothy "you probably don't want to be adding leveraged exposure to the stock market."
260 episodes
Share
