Highland Opportunities and Income Fund (NYSE: HFRO ) is a highly discounted closed-end fund ("CEF") with a diversified portfolio that has seen its equity value recover markedly since touching new lows in the summer. There are still some waysThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-di ...

Income focused funds can be an efficient hedge against the volatility and uncertainty that traditional equities may expose investors to. This is especially the case as the indexes continue to hover near their all-timeFinancial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential fo ...

The Cohen & Steers Infrastructure Fund (NYSE: UTF ), $24.22 closing market price, has been on a ramp-down valuation ride over the past 3 months. This has only gotten worse recently with Cohen & Steers' announcement of aDouglas is the leader of the investing group CEFs: Income + Opportunity where he provides coverage of the best ideas in equity CEFs. Features of the group include: analysis of tax-advantaged distribution funds, real time trading alerts and ideas, weekly performance spreadsheets, a portfolio g ...

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced the following monthly distribution on August 27, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ZTR $0.05 September 12, 2025 September 29, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Shar. ...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Dragon Fund [NYSE: TDF] Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund's estimated sources of the distribution to be paid on September 30, 2025, and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for September Quarterly Distribution: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net Realized Long-Term Capital Gains. ...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Income Fund [NYSE: TEI] Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940Â The Fund's estimated sources of the distribution to be paid on September 30, 2025, and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for September Monthly Distribution as of August 31, 2025: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gain. ...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Fund [NYSE: EMF] Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund's estimated sources of the distribution to be paid on September 30, 2025, and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for September Quarterly Distribution: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net Realized Long-Term Cap. ...

At the CEF/ETF Income Laboratory , we manage ~8%-yielding closed-end fund ( CEF ) and exchange-traded fund (ETF) portfolios to make income investing easy for you. Check out what our members have to say about our service.Juan is a contributor to the investing group CEF/ETF Income Laboratory which is led by Stanford Chemist. Features of the service include: managed income portfolios (targeting safe and reliable ~8% yields) making use of high-yield opportunities in the CEF and ETF fund space. These are geared ...

行业监管进展 - VettaFi预计共同基金与ETF份额类别的相互转换批准将在第四季度发生 [1] - 此项待批的监管批准正按计划进行 [1] - 此次批准将成为行业发展的重要里程碑 [1]

投资组合调整的优先策略 - 停止对表现不佳的基金进行股息和资本利得的再投资，以阻止持续购买高成本资产 [3] - 对于持有在税收优惠账户（如传统或罗斯401(k)、IRA）中的基金，因无应税收益，可优先考虑出售 [2] - 若客户进行慈善捐赠，可将高收益基金捐赠给慈善机构或捐赠者建议基金，以规避资本利得税 [2] 税务影响与出售决策分析 - 出售决策需比较延期纳税的价值与高费率导致的低预期回报，例如100,000美元资产、0.47%额外年费率和20,000美元未实现收益的案例中，年额外费用470美元高于延期纳税的近似年收益200美元，支持出售决策 [7] - 当未实现收益高达80,000美元时，16,000美元的税单使延期纳税的近似年收益达800美元，在此情况下保留基金（停止再投资）更为有利 [8] - 需考虑客户是否处于0%的联邦长期资本利得税率区间（如联合申报年收入96,700美元以下的退休人士），或是否有资本损失结转可抵免收益 [6] 基金特性与税务效率考量 - 许多共同基金（如PEOPX）因主动交易或投资者赎回导致基金出售持仓产生收益转嫁，造成额外税负，而ETF通常具有更高效的创建赎回机制，极少转嫁收益 [9] - 若客户计划将资产传给继承人，且资产由个人持有或存在于可撤销信托中，继承人可获得税基提升，从而完全避免资本利得税，需权衡此益处与生前支付更高费用的年限 [10][11] 行为金融与策略执行 - 惯性是影响投资决策的强大行为因素，客户普遍厌恶支付税款，倾向于保留会产生大额税单的现有投资 [5] - 采用非二元化出售策略（如部分出售）可优化税务（选择特定税负最小的份额）并管理客户情绪，通过保留部分头寸来最小化决策后悔 [13] - 为规避因大额出售触发更高税率（如20%联邦资本利得税+3.8%投资收入税），可分多年分批出售，或利用客户即将退休迁往无所得税州的时机 [12]