Guest Blogger | Jack Tierney on Closed-End Fund Discounts

NICSA member Jack Tierney, Head of Product Development, Management and Investment Research at Invesco, shares his latest blog:

Closed-end funds: Discounts widen, yields increase pending rate rise.
“…’Markets climb a wall of worry.’ That old saying certainly pertains as the second half of 2015 begins with a litany of potential portfolio worries — debt problems in Greece and Puerto Rico, timing of the Federal Reserve’s (Fed) first rate hike, the direction of the dollar, the price of oil and, of course, global unrest. Not to make light of these concerns, but as Saturday Night Live’s Roseanne Roseannadanna famously said, ‘It’s always something!’ So true, in life, as well as in investing…”

READ MORE | Jack’s complete article appears on the Invesco Blog.

You can hear Jack speak as part of a panel discussing “Active and Passive Management: Complements or Rivals?” at NICSA’s General Membership Meeting (GMM), October 29-30 in Boston. More information, including a complete schedule and registration, is available at:


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