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Attend in-person or by Zoom for free: |
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The American Association of Individual Investors, Phoenix Chapter is presenting their
March 2025 Regular and SIG program.
Join us In-Person or Online via Zoom.
Zoom Link:
Saturday, March 8th, 2024
10:05 – 11:05 am
Closed-End Funds, Business Development Companies & Interval Funds: Income and Opportunity – Zoom
John Cole Scott, CFS — President & CIO
CEF Advisors & CEF Data
John will cover the overview and recent trends in Closed-End Funds, Business Development Companies and Interval Funds.
A Closed-End Fund [CEF] is an investment structure/vehicle as defined by the Investment Company Act of 1940 and features: Fixed pool of capital, Active management and Daily liquidity. A CEF shares trade like stocks. Funds can trade at prices both below NAV (discount) and above (premium). Earnings are passed through to investors in the form of dividends and distributions. CEFs often utilized debt/leverage (such as margin loans or preferred shares)
Business Development Companies [BDCs] are closed-end funds that provide small, growing companies access to capital. BDCs typically have a higher fee structure.
John Cole is proud to lead CEF Advisors and continue the legacy of his father, George, a pioneer in closed-end investments who bought into the firm in 1996. After earning his bachelor’s degree from William and Mary, John Cole joined his father at the firm in 2001, launching his own rewarding and distinguished career.
Today John Cole is regarded as one of the foremost experts in the industry, and is frequently consulted by investment groups, professional organizations, and the national financial press for his deep insight and knowledge about closed-end fund (CEF), business development company (BDC), and interval fund data, research, and investing. Highly motivated and goal-oriented, he is driven by his passion for the industry, building meaningful connections with people, and a deeply personal aspiration to do hard things well.
In 2008, John Cole founded CEFData.com, a data service now covering all U.S. listed and non-listed CEFs, BDCs, and interval funds. In 2019, he also founded the Active Investment Company Alliance (AICA), and serves as its executive chairman. John Cole holds the FINRA 66 license and the Certified Fund Specialist® (CFS®) designation.
A Richmond native, John Cole, his wife Katherine, and daughter Lexi call Short Pump home. An active supporter of his alma mater, John Cole serves on the board of the William & Mary Foundation and is a board member of the William & Mary Alumni Association. He is also a long-time member of the Richmond Association for Business Economics (RABE) and is Treasurer and Co-Chair of the Investment Committee for The New York State Society of The Cincinnati. John Cole founded an acapella group in college and still loves singing karaoke today.
me member of the Richmond Association for Business Economics (RABE) and is Treasurer and Co-Chair of the Investment Committee for The New York State Society of The Cincinnati. John Cole founded an acapella group in college and still loves singing karaoke today.
11:05 to 12:05 pm
AAII Fundamental Stocks SIG – In-person
Karen Kamenir , SIG Leader
Most often individuals only have the experience of their own situation, and not the experience of time and many situations. This SIG is a discussion of how advisors see things from their experience of working with many clients, at all stages of their investments, planning, taxes and risk management stages of client lives over decades. Knowing how advisors see things from their experiences can help individuals improve their own outcomes, and if they work with an advisor, how to get more from the relationship.
12:15 to 1:15 pm
Personal Finance & Retirement Income SIG – In-person
Urban Adams , SIG Leader
Due to greater uncertainties, financial planning after retirement becomes more challenging. We all want to make good decisions. Where most investors get into trouble is not in their intent, it’s in their emotions and habits. The SIG’s focus is educating members how-to make informed financial decisions which are in their best interests.
1:15 to 2:15 pm
Options and Analysis SIG – In-person
Lowell Carty, SIG Leader
All AAII participants are invited to improve their wealth-building and management skills through the use of option instruments and analysis tools. You will benefit from a combination of tutorial presentations and active discussions that range from use of options to generate monthly income, “hedging” for protection of your stocks and directional trades.
MEETING DETAILS:
Date:
Saturday, March 8th, 2024
Time: Arizona time
10:00 Announcements
10:05 John Cole Scott, President and CIO CEF Advisors
Closed-End Funds, Business Development Companies & Interval Funds: Income and Opportunity
Q&A
11:05 AAII Fundamental Stock SIG – Karen Kamenir, SIG Leader
12:05 Break
12:15 Personal Finance & Retirement Planning – Urban Adams, SIG Leader
1:15 Options and Analysis SIG – Lowell Carty, SIG Leader
2:15 Door Prizes for in-person attendees
Meeting location:
Tempe Public Library – Link to Google Maps
Friends of the Library meeting room
3500 S Rural Rd
Tempe, AZ 85282
Location:
Meeting location:
Tempe Public Library – see map below
Friends of the Library meeting room
3500 S Rural Rd
Tempe, AZ 85282 |
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AAII Phoenix Chapter
AAII Disclaimer: The opinions of speakers are their own and not necessarily those of AAII. It is not the policy of AAII or its local chapters, officers or directors to promote any specific investments or techniques of analysis. Presentations are provided solely for informational purposes and should not be construed as solicitations. There are no representations or warranties of any kind, expressed or implied, about the completeness, accuracy, reliability, or suitability of meeting information. Investment information presented may not be appropriate for all investors and should be independently verified.
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