Closed-End Funds Offer Attractive Yields, Tax-Advantaged Options
John Cole Scott, CFS, is Chief Investment Officer of Closed-End Fund Advisors. Mr. Scott has worked at Closed-End Fund Advisors since 2001. He holds the FINRA 66 License and the Certified Fund Specialist designation (CFS). He is a graduate of The College of William and Mary and has been quoted and interviewed widely in the financial press, and has presented at conferences and for investment groups on more than 50 occasions. In 2008 Mr. Scott founded CEFA’s Closed-End Fund Universe, a data service covering all U.S. listed closed-end funds and BDCs. Currently supported by an internal 10-member data and analysis team, the service covers the 600+ ticker universe of CEFs/BDCs/iCEFs. They regularly do consulting and projects for CEF/BDC sponsors, hedge funds and institutional investors. He is a Portfolio Consultant with over $300MM+ in deposits into a UIT focused on BDCs with a fund sponsor partner. He developed 35 CEF/BDC
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What if Aristotle were your financial professional? Once you got past replacing your laptop with a stone tablet, a noticeable lack of air conditioning, and trading in your shoes for sandals, perhaps you could visualize the possibility. Now can you imagine what this ancient Greek philosopher would say about such things as Social Security, 401(k) plans and living on a golf course? And what might he say about retirement planning in the age of COVID-19?
Well, consider one of the more famous quotes often attributed rightly or wrongly to Aristotle: “
It is the mark of an educated mind to be able to entertain a thought without accepting it.” While many interpretations have been attached to this sentiment,