Investment Updates

Private credit is beginning to show some cracks, with concerns surfacing about deteriorating underwriting standards, liquidity constraints, loan extensions or adjustments, and several high-profile defaults. For more Closed-End Fund information from Cohen & Steers, visit their CEF Knowledge Center.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at January 31, 2026 was $83.73 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.8% and 20.0%, respectively.

GAMCO Investors, Inc. ("Gabelli") announced that certain of its affiliates intend to nominate David Schachter for election as a Trustee to the Boards of the Saba Income & Capital Opportunities Fund and the Saba Capital Income & Opportunities Fund II , both closed-end funds managed by Saba Capital Management L.P.

Guggenheim's Q1 2026 outlook favors a defensive, income-focused fixed-income stance amid solid growth, easing inflation, and expected Fed rate cuts.

The complexity of the infrastructure universe affords skilled active managers opportunities to identify and capitalize on market inefficiencies. For more Closed-End Fund information from Cohen & Steers, visit their CEF Knowledge Center.

Preferred securities offer a rare combination of high income, diversification and quality - making them a potentially valuable addition to core and core-plus portfolios. For more Closed-End Fund information from Cohen & Steers, visit their CEF Knowledge Center.

Cohen & Steers offer key takeaways on factors driving 2026 real estate outlook. For more Closed-End Fund information from Cohen & Steers, visit their CEF Knowledge Center.

Canadian General Investments, Limited (CGI) (TSX:CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at November 30, 2025 was $80.73 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 18.2% and 13.9%, respectively.

Discover Guggenheim's latest views on credit markets, emphasizing rate cuts, bond outperformance, challenges for low-quality borrowers, and the need for selective high-quality investments.

Canadian General Investments, Limited ("CGI" or "the Company") has declared a quarterly dividend of $0.27 per share payable on December 15, 2025 to common shareholders of record at the close of business on November 28, 2025 ("the Dividend").

Closed-end funds (CEFs) are being exploited by a small group of activist investors via an operational aspect: the discount. This discount - when a fund's secondary market price is below its net asset value, or NAV - tends to be viewed negatively, and it is often cited as the primary reason that a fund needs intervention.

Canadian General Investments, Limited (CGI) (TSX:CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at August 31, 2025 was $76.67 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 11.9% and 22.3%, respectively.

Canadian General Investments, Limited (CGI) (TSX:CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at July 31, 2025 was $73.48 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 6.9% and 14.0%, respectively.

New York Life Investments' recent webinar with CBRE Investment Management reviewed the NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) investment approach and the evolving infrastructure environment. Watch the replay here.

The rebrand signals the company's vision for the next era in private markets. Learn more here.

Launched July 1, the Calamos Aksia Private Equity & Alternatives Fund (CAPVX) is an interval fund designed to provide investors with access to a diversified portfolio of private equity investments across buyouts, growth equity, and venture capital. Learn more here.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2025 was $70.37 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.3% and 14.3%, respectively.

JOF's Board of Directors has approved two initiatives aimed at addressing the Fund's trading discount, including a level distribution plan and a conditional tender offer. Learn more here.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at April 30, 2025 was $61.88 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -10.4% and 3.5%, respectively.

MEGI’s latest webinar hosted by New York Life Investments with CBRE Investment Management shared updates on the Fund’s investment approach and the evolving infrastructure environment. Watch the replay now.

Canadian General Investments, Limited (“CGI” or “the Company”) has declared a quarterly dividend of $0.27 per share payable on June 15, 2025 to common shareholders of record at the close of business on May 30, 2025 (“the Dividend”).

This report is filed under section 16.3 of National Instrument 81-106 Investment Fund Continuous Disclosure in respect of the annual general meeting of shareholders of Canadian General Investments, Limited (the “Corporation”) held on April 24, 2025 (the “Meeting”).

Guggenheim's macroeconomic team offers perspectives on navigating through current market uncertainty. 

The Boards of Trustees/Directors of JEQ and ASGI announced that each have approved the merger of JEQ into ASGI. The proposed Reorganization is subject to the receipt of necessary Acquired Fund shareholder approvals. Learn more.

Canadian General Investments, Limited (the Company), announces that it has submitted its 2024 Annual Report, which includes the Management Report of Fund Performance and Audited Financial Statements and the 2025 Management Information Circular, including the Notice of Annual Meeting of Shareholders, Form of Proxy and Annual Information Form with applicable Canadian securities regulators and to the National Storage Mechanism.

MEGI's Q4 webinar hosted by New York Life Investments with CBRE Investment Management offers updates on MEGI's investment approach and the evolving infrastructure environment. Watch the replay now. 

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at February 28, 2025 was $67.92 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -1.6% and 15.1%, respectively. 

Register now for Nomura's virtual Japan conference where senior investment team members will explore opportunities and the overall Japanese economic and market outlook for 2025. 

Discover insights into private credit for 2025 from Aksia, subadvisor to the Calamos Aksia Alternative Credit and Income Fund (CAPIX).

The outlook for high yield bonds and bank loans remains positive, although risk premiums are tight. Understand key factors shaping credit markets and what investors might expect this year with Guggenheim's 2025 outlook.  

Canadian General Investments, Limited (“CGI” or “the Company”) has declared a quarterly dividend of $0.27 per share payable on March 15, 2025 to common shareholders of record at the close of business on February 28, 2025 (“the Dividend”).

Guggenheim Investments' Macroeconomic Research and Market Strategy Team identifies 10 macroeconomic trends they believe are likely to shape monetary policy and investment performance this year. 

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at January 31, 2025 was $70.79 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.1% and 26.3%, respectively.

Can markets rise in 2025 despite strong recent performance? Calamos Investments believes there is considerable upside for active and selective managers. Learn more with Calamos' full 2025 outlook.  

The Board of Directors of The Taiwan Fund, Inc. (TWN) declared a long term capital gain distribution in the amount of $7.3984 per share. Read the full announcement.

Catch up on Nuveen's 2024 closed-end fund performance and discount trends, enhanced distribution policy, and considerations for shareholders and investors. 

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at December 31, 2024 was $69.32, resulting in a one-year NAV return, with dividends reinvested, of 26.6%.

The Board of Directors of The Taiwan Fund, Inc. (NYSE: TWN) (the "Fund") has declared a long term capital gain distribution in the amount of  $7.3984 per share.

Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it would make an ordinary income distribution of $0.3118 per share payable on December 27, 2024 to shareholders of record on December 19, 2024.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at November 30, 2024 was $71.96 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 31.4% and 36.9%, respectively. 

Gain insight into the fixed income sector for Q4 2024 with views from Guggenheim portfolio managers.

New York Life Investments hosted a quarterly webinar with CBRE Investment Management to share the latest updates on MEGI's investment approach and perspectives on the evolving infrastructure environment.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2024 was $66.42 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 20.9% and 33.5%, respectively. 

Gain insight into the current CLO environment with Carlyle's quarterly market review and outlook.

View CCIF's latest monthly portfolio update including stock data, a portfolio summary, underlying loan metrics and more.

View CCIF's latest earnings presentation and listen to a replay of the webcast. 

Canadian General Investments, Limited (“CGI” or “the Company”) has declared a quarterly dividend of $0.25 per share payable on December 15, 2024 to common shareholders of record at the close of business on November 29, 2024 (“the Dividend”).

Guggenheim's Macroeconomic Research and Market Strategy Group explores critical and timely areas of research and updates its baseline views on the economy.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at September 30, 2024 was $65.37 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 18.9% and 22.4%, respectively.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at August 31, 2024 was $63.63 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 15.8% and 12.4%, respectively.

Nuveen's latest closed-end fund update provides an in-depth look at trends and offers detailed commentary and analysis for key closed-end fund segments within the municipal fixed income, taxable fixed income, equity and multi-asset categories.

Canadian General Investments, Limited (the Company), announces that it has submitted its 2024 Interim Report, which includes the Management Report of Fund Performance and unaudited Financial Statements, to applicable Canadian securities regulators and to the National Storage Mechanism.

TDF seeks long-term capital appreciation by investing at least 45% of its total assets in the equity securities of Chinese companies. View TDF's Q2 2024 commentary offering insight into its performance, outlook, and strategy.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at July 31, 2024 was $65.46 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 18.6% and 14.7%, respectively.

New York Life Investments hosted a quarterly webinar with CBRE Investment Management to discuss MEGI's investment approach and share perspectives on the evolving infrastructure environment.

DWS Global Chief Investment Officer Björn Jesch shares views on why the economy of Europe's recent worst performer could catch up with the rest this year and support equities along the way.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2024 was $62.50, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 13.3% and 14.2%, respectively.

Thornburg Investment Management Co-Heads of Investments make the case for dividend-paying stocks and the tax-free feature of Munis as tax hikes are possible, given our government debt levels.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at May 31, 2024 was $61.97, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 12.3% and 20.7%, respectively. 

New York Life Investments hosted a quarterly webinar with CBRE Investment Management to discuss MEGI's investment approach and share perspectives on the evolving infrastructure environment.

Nomura Asset Management U.S.A. Inc. (“NAMUSA”), the manager of JOF, has announced that Hiroaki Tanaka is now the Fund's deputy portfolio manager.

Understanding proxy voting can be challenging for many investors and current activist shareholder activity adds complexity. Learn more about annual shareholder meetings and why it's important for every shareholder to vote, no matter the size of an investor's holdings.

Many investors are holding onto cash as they weigh their options, but history has shown that moving further out in duration ahead of the Fed cutting rates has been beneficial. Learn more from Thornburg Investment Management.

Abrdn Head of Global Income Josh Duitz offers insight into why the time is now for infrastructure investing, and the performance and outlook of the abrdn Global Infrastructure Income Fund (ASGI), which seeks to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at March 31, 2024 was $62.80, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 13.4% and 22.2%, respectively.

Tom Roseen, Head of Research Services with LSEG Lipper, provides his latest monthly review of closed-end funds.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at February 29, 2024 was $59.95, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.2% and 17.4%, respectively.

The CBRE Global Real Estate Income Fund (IGR) investment team recently reviewed IGR›s 2023 performance, portfolio strategy, future growth potential, and more. Watch a replay of the webcast to learn about IGR, which invests in income-producing real estate equity securities with the goal of delivering high-current income and capital appreciation.

Canadian General Investments, Limited has declared a quarterly dividend of $0.25 per share payable on March 15, 2024 to common shareholders of record at the close of business on February 29, 2024.

Tom Roseen, Head of Research Services with LSEG Lipper, provides his latest monthly review of closed-end funds.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at January 31, 2024 was $56.94, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.4% and 9.4%, respectively.

Tom Roseen, Head of Research Services with Refinitiv Lipper provides his latest monthly review of closed-end funds.

The Fed looks set to cut interest rates, equity markets are driven primarily by firms riding the AI revolution, it›s an election year in many leading countries, and geopolitical instability remains. Join Thornburg's webinar at 10 a.m. EST Wednesday, Jan. 10 that will discuss how to potentially navigate the year ahead successfully. Register here.

Guggenheim Investments explains the structure and investor-friendly features of CLOs, an often misunderstood sector of structured credit. Read the article here. 

CCIF recently reported its fourth quarter 2023 earnings. View the presentation here and listen to a replay of the webcast here.

Tom Roseen, Head of Research Services with Refinitiv Lipper provides his latest monthly review of closed-end funds.

In a recent webinar, the CBRE team reviewed MEGI's investment approach and highlighted their perspective on the evolving infrastructure environment. Watch the replay here.

Tekla Capital Management LLC (Tekla) has completed the sale of its advisory business to abrdn Inc. Abrdn was also approved as manager to four NYSE listed healthcare and biotech thematic closed-end funds, totaling $2.8 billion in assets under management (AUM). Read the full announcement here.

Despite initial optimism for international markets this year, the expected shift away from U.S. market dominance hasn't materialized. However, there are still untapped opportunities in international companies. Watch the replay of Thornburg Investment Management's webinar to learn more, here.

The Board of Directors of Canadian General Investments, Limited (TSX:CGI) (LSE:CGI) is pleased to announce the appointment of Sanjay Nakra as an independent director to the Board.

Tom Roseen, Head of Research Services with Refinitiv Lipper provides his latest monthly review of closed-end funds.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2023 was $50.60, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 6.3% for both periods. 

Canadian General Investments, Limited has declared a quarterly dividend of $0.24 per share payable on December 15, 2023 to common shareholders of record at the close of business on November 30, 2023.

Tom Roseen, Head of Research Services with Refinitiv Lipper provides his latest monthly review of closed-end funds.

While cash yields are certainly attractive today, fixed income assets have historically outperformed cash when the Fed stopped raising rates. Learn more in this article by Thornburg Investment Management here.

Brookfield High Yield Strategy co-portfolio managers discussed reasons why institutional investors should consider adding a high-yield portfolio allocation focused on real assets, what sets Brookfield’s real asset debt investing approach apart, and more. Read the Q&A here.

This presentation to VCIF shareholders provides an overview of the transition to CCIF. Learn more by viewing the PDF here.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at September 30, 2023 was $54.29, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 14.0% and 22.1%, respectively.

The Carlyle Group has released its August 2023 report for CCIF. View the Fund’s common stock data, portfolio summary, top five positions, and more by viewing the PDF here.

Following the announcement of a 15% increase in the regular monthly distribution rate effective Aug. 31, 2023, the MEGI team reviewed the Fund's investment approach and highlighted their perspective on the evolving infrastructure environment. Listen to the quarterly webinar replay here.

Canadian General Investments, Limited (the Company), announces that it has submitted its 2023 Interim Report, which includes the Management Report of Fund Performance and unaudited Financial Statements, to applicable Canadian securities regulators and to the National Storage Mechanism.

Gain views on fixed income securities and the US economic outlook amid ongoing market volatility from WDI, a diversified, closed-end management investment company that invests in a wide range of fixed income securities to access a broad range of opportunities for income and capital appreciation.

Tom Roseen, Head of Research Services with Refinitiv Lipper provides his latest monthly review of closed-end funds.

Canadian General Investments, Limited has declared a quarterly dividend of $0.24 per share payable on September 15, 2023 to common shareholders of record at the close of business on August 31, 2023.

Tom Roseen, Head of Research Services with Refinitiv Lipper provides his latest monthly review of closed-end funds.

TIBIX has been a solution to clients who need a consistent income stream while continuing to grow their principal for more than two decades. Learn about the Fund's benefits and more with a replay of its 2nd quarter webcast here.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2023 was $55.66, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 16.4% and 25.6%, respectively. 

The Board of Directors of FS Credit Opportunities Corp. (the Fund) (NYSE: FSCO) announced an increased monthly distribution for July 2023. Read the announcement here.

Tom Roseen, Head of Research Services with Refinitiv Lipper provides his latest monthly review of closed-end funds.

Canadian General Investments, Limited (CGI or the Company) today completed the previously announced redemption of its $75,000,000 3.75% Cumulative Redeemable Class A Preference Shares, Series 4. This redemption was in accordance with the terms of the Series 4 shares.

Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at May 31, 2023 was $52.23, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 9.3% and 3.7%, respectively.

FS Credit Opportunities Corp. (FSCO) announced its Q1 2023 Earnings May 11. Listen to the Earnings call replay here and view a transcript here.

Tom Roseen, Head of Research Services with Refinitiv Lipper provides his latest monthly review of closed-end funds.

A report highlighting the structure, risks, and investor-friendly features of asset-backed securities.

Key takeaways from Guggenheim›s Q2 2023 High-Yield and Bank Loan Outlook report.

Tom Roseen, Head of Research Services with Refinitiv Lipper provides his latest monthly review of closed-end funds.

Tom Roseen, Head of Research Services with Refinitiv Lipper provides his latest monthly review of closed-end funds.

Tom Roseen, Head of Research Services with Refinitiv Lipper provides his latest monthly review of closed-end funds.

Thornburg's CEO Jason Brady unpacks the forecast of 2023. (4 min. read)

Calamos Long/Short Equity & Dynamic Income Trust ("CPZ") discusses the 2021 outlook, portfolio positioning and performance in its quarterly review and commentary.

Calamos recently increased distribution levels for 5 closed-end funds. Performance review for CHI, CHY, CCD, CSQ and CPZ and markets outlook are discussed.

Gain insight from closed-end fund industry experts and portfolio managers, exchange ideas, and obtain the latest information on issues, trends and topics related to CEFs.

Leverage, the ability of closed-end funds to issue debt or raise money through the sale of preferred shares, is a unique feature of closed-end funds.