Today we opened new positions in the iShares Convertible Bond ETF (ICVT). Read why we invest in ICVT right here: 5 Best Long-Term Performance Convertible Securities ETFs & CEFs 1.5
Closed Position in Convertible Securities (ECF) 1-3-22
Today we closed our positions in the Ellsworth Growth & Income Fund Ltd. (ECF). Buy 11.82. Sell 12.32. While I do still consider ECF a good fund; we have opted to invest in the exchange traded fund structure of ICVT rather than the closed end fund structure of ECF. Read why we invest in ICVT right here: 5 Best Long-Term Performance Convertible Securities ETFs & CEFs 1.5
5 Best Long-Term Performance Convertible Securities ETFs & CEFs 1.5
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Asset Class: Convertible Securities
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Oldest CEF back tested: Bancroft Fund Ltd. (BCV)
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Correlation to U.S. Stock Market: 0.67
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Long-Term Performance: 10.15% CAGR
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S&P 500 Performance: 11.24% CAGR
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Back test timeframe: December 1988 – December 2021
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Number of ETFs & CEFs available in this asset class: 13
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Number of ETFs & CEFs in this asset class that are 5-years old or older: 12
BCV vs S&P 500: December 1988 – December 2021
BCV vs S&P 500: September 2, 1976 – December 31, 2021
Continue reading “5 Best Long-Term Performance Convertible Securities ETFs & CEFs 1.5”
Accumulated Convertible Securities (ECF) 11-29-21
Today we accumulated more shares of the Ellsworth Growth & Income Fund Ltd. (ECF). Folks, you’ve gotta buy this stuff when it’s on sale. Read why we invest in ECF right here: 10 Questions & Answers On Convertible Bond ETFs & CEFs
