The NAVigator

The NAVigator, from the Active Investment Company Alliance (AICA), talks all-weather investing and “excellence beyond indexing” through the use of closed-end funds (CEFs) & business-development companies (BDCs). AICA – a new organization that includes a diverse constituency that runs from investors through fund sponsors – aims to help investors & advisors plot a new and different course to financial success, via the tactical use of securities that mix active management within listed & non-listed structures. Subscribe now to get regular updates on everything you need to know to succeed with CEFs & BDCs.

With his fund up 100% this year, veteran manager says gold can go higher 09/19/2025

John Cole Scott on when CEFs have the edge over ETFs 09/12/2025

NAVigator bonus: CEF Advisors' Scott on picking and managing funds 09/09/2025

Tortoise's Thummel says it's 'the best time i've ever seen' for energy investing 09/05/2025

XA's Flynn on how crypto, private equity will impact retirement-savings plans 08/29/2025

Oppenheimer's Penn: 'Fairly valued' BDCs 08/22/2025

Calamos' Freund expects 4 rate cuts in a year, creating wider discounts 08/15/2025

A battle over closed-end activism is now awaiting a Supreme Court decision 08/08/2025

CEF Advisors' Scott on the realities and mirages of double-digit yields 08/01/2025

Aberdeen's Akus on the struggles facing healthcare, biotech investors 07/25/2025

Veteran manager says volatile market has stress-tested 'discount-capture investing' 07/18/2025

John Cole Scott on the assets he expects to thrive for the rest of '25 07/11/2025

Trinity's Brown: Near-shoring, interest rates and more are boons for private credit 07/03/2025

Allspring's Schueller says this 'muddle-through economy' is good for junk bonds 06/27/2025

Your questions answered with John Cole Scott of Closed-End Fund Advisors 06/20/2025

Bonus NAVigator: Gladstone's Bob Marcotte at the AICA BDC Forum 06/19/2025

Bonus NAVigator: Oppenheimer's Penn is watching how credit losses weigh on BDCs 06/13/2025

How a BDC industry advocate shapes policies in Washington 06/13/2025

Calamos' Grant on getting equity-like returns without market correlation 06/06/2025

John Cole Scott on whether "the best funds" live up to their billing 05/30/2025

Nuveen's Griggs: In turbulent markets, small portfolio tweaks have big impacts 05/23/2025

CION's Gatto on how private markets have weathered tumultuous markets 05/16/2025

Aberdeen's Kohl: Dividends offer some certainty amid tariff uncertainty 05/09/2025

Oaktree's Poli: Amid concerns over stocks and bonds, credit is the place to be 05/02/2025

Sit's Doty is trading up and still expecting double-digit gains this year 04/25/2025

John Cole Scott on closed-end funds that can weather this storm 04/17/2025

John Cole Scott on how the wild market action is impacting closed-end funds 04/11/2025

John Cole Scott on finding 'the best' funds and more 04/04/2025

Aberdeen Purington: Middle-market infrastructure will be a sweet spot for years 03/28/2025

The NAVigator at FutureProof: Nuveen's Rodriguez on what wins with rate cuts 03/21/2025