John Cole Scott: High yields, big premiums powered big year for closed-end funds

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

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John Cole Scott of Closed-End Fund Advisors and the Active Investment Company Alliance discusses the high number of closed-end funds that are currently trading at premiums, and the rebound that has represented in performance over 2021, as he reviews the year in closed-end fund investing. Also on the show, Tom Lydon of ETFTrends.com selects a fund meant to hedge against interest-rate risk his ETF of the Week, Meredith Stoddard of Fidelity Investments discusses the firm's annual survey of New Year's resolutions, how people feel about their prospects for 2022 and how effective personal pledges turn out to be, and Tony Tursich, co-manager of the new Calamos Global Sustainable Equities fund talks about ESG investing and how adopting sustainable strategies can power companies to prolonged, above-average gains.