Tuesday, June 21, 2016 7:20 PM EDT
BIF is a closed-end fund with 28% invested in Berkshire Hathaway. It is trading at a 21% discount to net asset value.
Registered Investment Advisor at Southland Investments
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George is a registered investment advisor at Southland Investments, with clients across the country, that specializes in managing no-load mutual funds, closed-end funds and exchange traded funds for individuals, IRA’s and 401(k)s.
George retired early from Citigroup/Salomon ...
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George is a registered investment advisor at Southland Investments, with clients across the country, that specializes in managing no-load mutual funds, closed-end funds and exchange traded funds for individuals, IRA’s and 401(k)s.
George retired early from Citigroup/Salomon Brothers in 2006 after growing his personal retirement assets. In 2007, he enrolled in the CFA program and was recently awarded the CFA designation.
Specialties: George specializes in the following investment strategies:
1) Opportunistic Closed-end fund investing: Buy CEFs at larger than normal discounts to NAV and sell them when the discounts narrow. Exploit special situations: tender offers, fund terminations, fund activism, rights offerings etc.
2) Municipal bond closed-end funds for income oriented clients.
3) Special situations investing.
ALL CONTRIBUTIONS
Advent/Claymore Global Convertible Securities & Income Fund Looks Pretty Cheap
Monday, November 21, 2011 1:09 PM EDT
The Advent/Claymore Global Convertible Securities and Income Fund (NYSE:AGC) is a closed-end fund that was formed in May 2007.
In this article: AGC
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STOCKS I FOLLOW
| ABC | AmerisourceBergen Corporation |
| ACG | AllianceBernstein Income Fund Inc. |
| ACP | Avenue Income Credit Strategies Fund |
| ADRE | BLDRS Emerging Markets 50 ADR Index Fund |
| ADX | Adams Express Company |
| AFAM | Almost Family Inc |
| AGC | Advent/Claymore Global Convertible Securities & Income Fund |
| AMTD | TD Ameritrade Holding Corporation |
| AOD | Alpine Total Dynamic Dividend Fund |
| ARDC | Ares Dynamic Credit Allocation Fund, Inc. |
| ARK | BlackRock Senior High Income Fund Inc |
| AXP | American Express Company |
| BAC | Bank of America Corporation |
| BAM | Brookfield Asset Management Inc. |
| BCX | Blackrock Resources & Commodities Strategy Trust |
| BIF | Boulder Growth & Income Fund Inc. |
| BQR | Blackrock Ecosolutions Investment Trust |
| BRUFX | Bruce Fund Inc |
| CAF | Morgan Stanley China A Share Fund Inc. |
| CET | Central Securities Corp |
| CFP | Cornerstone Progressive Return Fund |
| CHW | Calamos Global Dynamic Income Fund |
| CHY | Calamos Convertible and High Income Fund |
| CRF | Cornerstone Total Return Fund |
| DCA | Virtus Total Return Fund |
| DDF | Delaware Investments Dividend and Income Fund Inc. |
| DEX | Delaware Enhanced Global Dividend & Income Fund |
| DHG | DWS Dreman Value Income Edge Fund, Inc. |
| DIA | SPDR Dow Jones Industrial Average |
| DNI | Dividend and Income Fund Inc. |
| DVY | iShares Dow Jones Select Dividend Index Fund |
| DX | Dynex Capital Inc. |
| DXM | Dex Media Inc |
| ECON | EGSHARES EMERGING MARKETS CO |
| ECRO | ECC CAP. CORP. |
| EDD | Morgan Stanley Emerging Markets Domestic Debt Fund Inc. |
| EEM | iShares MSCI Emerging Markets Index |
| EF | BlackRock Europe Fund Inc. |
| EOD | Wells Fargo Advantage Global Dividend Opportunity Fund |
| ESD | Western Asset Emerging Markets Debt Fund Inc. |
| ETJ | Eaton Vance Risk-Managed Diversified Equity Income Fund |
| ETW | Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund |
| ETY | Eaton Vance Tax-Managed Diversified Equity Income Fund |
| EVG | Eaton Vance Short Duration Diversified Income Fund |
| EVV | Eaton Vance Limited Duration Income Fund |
| EXD | Eaton Vance Tax-Advantaged Bond and Option Strategies Fund |
| FAM | First Trust/Aberdeen Global Opportunity Income Fund |
| FCN | FTI Consulting Inc. |
| FFA | First Trust Enhanced Equity Income Fund |
| FFNOX | Fid Oxford Street Tr Fidelity Four-In-One Idx F |
| FLPSX | Fidelity Low-Priced Stock Fund |
| FOF | Cohen & Steers Closed-End Opportunity Fund Inc. |
| FR | First Industrial Realty Trust Inc. |
| FSD | First Trust High Income Long/Short Fund |
| FUR | Winthrop Realty Trust |
| FXBY | FOXBY CORP |
| GAB | The Gabelli Equity Trust Inc. |
| GAM | General American Investors Company Inc. |
| GBAB | Guggenheim Build America Bonds Managed Duration Trust |
| GDF | Western Asset Global Partners Income Fund Inc. |
| GDL | The GDL Fund |
| GE | General Electric Company |
| GLPW | Global Power Equipment Group Inc |
| GMM | SPDR S&P Emerging Markets ETF |
| HAV | Helios Advantage Income Fund Inc. |
| HQH | H&Q Healthcare Investors |
| HSA | Helios Strategic Income Fund Inc. |
| HTD | John Hancock Tax- Advantaged Dividend Income |
| HUN | Huntsman Corporation |
| HYG | iShares iBoxx $ High Yield Corporate Bond Fund |
| INF | Brookfield Global Listed Infrastructure Income Fund Inc. |
| IRR | ING Risk Managed Natural Resources Fund |
| IWM | iShares Russell 2000 Index Fund |
| IWN | iShares Russell 2000 Value Index Fund |
| JFR | Nuveen Floating Rate Income Fund |
| JGV | Nuveen Global Value Opportunities Fund |
| JMF | Nuveen Energy MLP Total Return Fund |
| JOF | Japan Smaller Capitalization Fund Inc. |
| JPS | Nuveen Quality Preferred Income Fund 2 |
| JQC | Nuveen Multi-Strategy Income and Growth Fund 2 |
| JTA | Nuveen Tax-Advantaged Total Return Strategy Fund |
| JTD | Nuveen Tax-Advantaged Dividend Growth Fund |
| KMM | DWS Multi-Market Income Trust |
| KST | DWS Strategic Income Trust |
| LMT | Lockheed Martin |
| LOR | Lazard World Dividend & Income Fund Inc. |
| MET | MetLife Inc. |
| MFL | BlackRock MuniHoldings Investment Quality Fund |
| MHI | Pioneer Municipal High Income Trust |
| MIN | Mfs Intermediate Income Trust |
| MSD | Morgan Stanley Emerging Markets Debt Fund Inc. |
| MSP | Madison Strategic Sector Premium Fund |
| MTRN | Materion Corporation |
| MTS | Montgomery Street Income Securities Inc. |
| MXE | The Mexico Equity And Income Fund Inc. |
| MXF | The Mexico Fund Inc. |
| NAD | Nuveen Dividend Advantage Municipal Fund |
| NBB | Nuveen Build America Bond Fund |
| NC | NACCO Industries Inc. |
| NOK | Nokia Corporation |
| NPM | Nuveen Premium Income Municipal Fund II |
| NRK | Nuveen Insured New York Tax-Free Advantage Municipal Fund |
| NXR | Nuveen Select Tax-Free Income Portfolio 3 |
| OI | Owens Illinois Inc. |
| OIH | Oil Service HOLDRS |
| PCI | PIMCO Dynamic Credit Income Fund |
| PCK | PIMCO California Municipal Income Fund II |
| PDI | PIMCO Dyn Inc Shs |
| PEP | PepsiCo Inc. |
| PFN | PIMCO Income Strategy Fund II |
| PGP | PIMCO Global StocksPLUS & Income Fund |
| PIA | Invesco Municipal Premium Income Trust |
| PML | PIMCO Municipal Income Fund II |
| PPR | ING Prime Rate Trust |
| PPT | Putnam Premier Income Trust |
| PRGTX | T.Rowe Price Global Technology Fund Inc. |
| PRIDX | T. Rowe Price International Discovery Fd |
| PXJ | PowerShares Exchange-Traded Funds Trust |
| QQQ | PowerShares QQQ Trust Series 1 |
| RAIL | Freightcar America Inc. |
| RSO | Resource Capital Corporation |
| SAR | Saratoga Investment Corp. |
| SWZ | The Swiss Helvetia Fund, Inc. |
| SYY | SYSCO Corporation |
| TLI | LMP Corporate Loan Fund Inc. |
| TMCV | TEMECULA VALLEY (CA) |
| TPZ | Tortoise Power and Energy Infrastructure Fund Inc. |
| TSS | Total System Services Inc. |
| TY | Tri-Continental Corporation |
| TYC | TYCO International Ltd. |
| TYG | Tortoise Energy Infrastructure Corporation |
| TYN | Tortoise North American Energy Corporation |
| TYY | Tortoise Energy Capital Corporation |
| UBAAF | URBANA CORP |
| USA | Liberty All-Star Equity Fund |
| UTF | Cohen & Steers Infrastructure Fund Inc. |
| VBK | VANGUARD SM CAP GR ETF |
| VBR | VANGUARD SM CAP VAL ETF |
| VCV | Invesco Van Kampen California Value Muni Income Trust |
| VDIGX | Vanguard Dividend Growth Fd |
| VGI | Virtus Inv Pts Shs Virtus Global Multi-Sector Income Fund |
| VGM | Invesco Van Kampen Trust for Investment Grade Municipals |
| VKI | Invesco Van Kampen Advantage Municipal Income Trust II |
| VTA | Invesco Van Kampen Dynamic Credit Opportunities Fund |
| VTINX | Vanguard Target Retirement Income Fund |
| VVR | Invesco Van Kampen Senior Income Trust |
| VWO | Vanguard FTSE Emerging Markets ETF |
| XES | SPDR S&P Oil & Gas Equipment & Services ETF |
| XIN | Xinyuan Real Estate Co. Ltd. |
| XLF | Financial Select Sector SPDR |
| YRCW | YRC Worldwide Inc. |
| ZF | The Zweig Fund Inc. |
| ZTR | The Zweig Total Return Fund Inc. |
Latest Comments
A Good Way To Buy Berkshire Hathaway At A 21% Discount
Dick- Thanks for the kind words. Looks like BIF is having a good day today- the NAV should be up around 2%.
A Good Way To Buy Berkshire Hathaway At A 21% Discount
My disclosure should say "I am long $BIF."