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Bonus NAVigator: ICON's Paul still likes closed-end fund opportunities

Bonus NAVigator: ICON's Paul still likes closed-end fund opportunities

The NAVigator · Active Investment Company Alliance

July 26, 202111m 13s

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Show Notes

Jerry Paul, senior vice president of fixed income for ICON Advisors -- manager of the ICON Flexible Bond Fund -- says that fears of rising interest rates and inflation haven't made reasonable yields on closed-end investments dry up. Paul continues to look at closed-end activism situations, which has brought him to bank-loan funds; he worries about decreased investor activism but thinks they will always play a role in closed-end fund investing.