THE NIGHTLY FACTOR -CLOSED END FUND NIGHT

Añadido: 2026-05-22

[00:00:01]What's up, Easy Life? What is going on?

[00:00:04]Did you see I bust in my face?

[00:00:06]Anyway, all right. While we're waiting for people, I was just doing a little psuno easy life. Um I uh what was I gonna say? Oh, I forgot. I'm obsessed with course.

[00:00:26]All right. So, let's see what futures are doing while we're waiting for folks to get here. I have a great show planned for you guys tonight.

[00:00:34]Um, well, would you look at that? Markets at a new alltime high or not all time, but all time for this in the time frame I'm watching all time for the past two weeks or whatever. I mean, it's on new highs and that's what we want. And ideally, we want a new all-time high also. We're a little bit shy of there, but you know, I mean, it could still be a head and shoulders or whatever, but but now that we've kind of passed the other shoulder blade, it's looking maybe like maybe like a cup and handle and a, you know, a give and go down the court. A little hitch and out and then boom, over the top. Boom. Touchdown.

[00:01:14]Hell yeah. Anyway, all right. Um, I hope so.

[00:01:21]ES looks the same thing. Cup and handle.

[00:01:24]Multiple cup and handles. You could look at you could look at this is a cup. This is a handle. But anyway, you could look at this big pattern right here is a cup.

[00:01:33]This little one is a handle. Well, you buy the all it is is you buy the breakout or that's the way I play cup and handles. Really, you're supposed to buy the retracement, I guess. But, uh, but you just buy the most recent breakout and if the market's running, you'll do fine. or I mean that's that's what I like to do sometimes.

[00:01:51]It's just a bullish pattern though. The other pattern is the dreaded uh M pattern I think and it looks like you know and it just is oh my gosh it's nasty when you see that one but the old cup and handle's awesome.

[00:02:06]Um all right well uh let's look at Bitcoin.

[00:02:14]Let's get my face off the screen. I'm I'm not much to look at with the with the busted up face. Um, hey Bon, how you doing? Um, heck yeah. So Chad wants to send me some of the edits you've done. You discovered a little trick. Okay. Well, good. I used your last little trick. I used it and I was just Yeah. Heck yeah. Bond's in the house. All right. Well, there's four of us here, so I'm just trying to kill a little bit of time so we can start the show. But it's going to be kind of a long show, so might as well get started.

[00:02:47]But with Bitcoin, this key line, I look at these low volume areas. Anyway, you know, and it's the the lowest one on the whole chart is right here at 77. So anyway, bulls definitely want to get it over that and back up here into 78. One day at a time, though.

[00:03:03]One day at a time. This this is making a big cup and handle. I mean you can see a big you can look at this as a cup and this right there smaller pattern that's usually the handle you know smaller and uh boom then new high go take this line back get and get back up here to 80 and then eventually 8 uh1 especially if the war's over it should bring oil prices down let's go see what oil prices are doing I'm not convinced the war's really over but but it doesn't matter what I think it matters what oil's doing Oil's under 100. Uh, and oil did drop on the news. So, that's good.

[00:03:41]That's good. The market will probably be at all new time, new all-time highs tomorrow. The market, if you notice, whenever it's lately, whenever it's under a hundred on oil, the market will rally. I've shown that before while waiting for other people to get here. Um the last time it was under a hundred was well under 100 for good right here in the market that was like midappril and man that was some rocket ship up mid April then it we finally got a couple closes on the other side April 28th that would have been a good two weeks to be invested then it was over and it's not like it still went up but it went sideways first and then it went under right about here and that would have been May 6, another great time to uh to get long in hindsight. And anyway, we got two closes, three closes in a row over it. Um but look how far it had gone. It basically went to alltime highs. You would have rode that one from, you know, May 6 to So anyway, if this is a new clo, you know, it could always be a fake out like last night's was, but if this is new, if this is a new suspended or uh extended move, maybe we'll maybe we'll do all right. You can see the last time it got way above way above a 100 bucks a share. This red line's 100 was right here in March March 27th which is pretty late in the game. Uh but it was also over 100 earlier in March and back here. But in any event, but yeah, under 100 good, over a hundred bad. At least that's the way it has been lately. when it's been under hundred, it just adds adds um adds to it. All right. Well, anyway, that's good. Let's uh let's get this show on the road. Um what was I going to talk about? Oh, yes.

[00:05:34]Somebody named uh I saw a comment at the end of the last show. Did anyone see that? And it reminds me because the guy's name the commenter's name was Langanger or something or something like that. and he said, "Hey, could I get you to talk about TS I forget what it was though. I think it was uh I'll just put it in here so we can talk about it later." It was either TS22 or I think it was NV.

[00:06:00]Anyway, I'll just load it in here and hopefully we'll remember. He said, "Could you do a quick review of that?"

[00:06:05]Yeah, we we can take a look at that.

[00:06:06]Hopefully, he'll come tune back in tonight. I forget his name. Like Robert Langanger or something or anyway. Um, uh, no, I haven't checked on Ukraine.

[00:06:17]Um, all right. So, let's get this off the thing. All right. So, here we have it. We have the complete data set, too, if there's anything else you guys want to look at. All right. I'm sorry about the Okay, there's a ton of them. Let's just rank them by nav return and pretty much ignore the ones that are negative.

[00:06:32]It looks like about half the list is negative, especially something that's more thang -10. We'll say their names, but I mean Main Street is dead to us at least lately down 11 12%. FSCO, Paxs from PIMCO, good firm but bad strategy down 9%. DX is old from Dynx Capital, it's down 9%. Not that we don't care about these, but we just don't have enough time to look into all of them. Uh BVR, what the heck is that? It's down eight. Just getting killed. whatever it is, PCN. This is probably mostly uh private credit. I know CCIF is the Carile credit income fund and it's no good or no good lately. It's I mean it it's been good at various times, but it depends on interest rates and depends how that it's it's a different business than the stock market. I have no idea how that uh business works, but but it the reason people use it is to get some diversification away from the stock market. So, the market's doing well lately. Maybe when the market goes down this will do better. I don't know. I don't think so. But anyway, uh FAX I think that is some kind of uh credit special. GOF is the Gabelli opportunity fund or Guggenheim opportunity fund and opportunity fund always means or it's been my experience means some type of special credit. Then we have soar.

[00:07:54]You're sore if you bought that from source capital down 7.8%.

[00:08:00]Uh, yeah, you're sore, especially considering the market's in a straight face ripper. What are you doing, Source Capital?

[00:08:08]Um, anyway, all right.

[00:08:11]They all can't I mean, something has to go down, right? I mean, money just moves around the market. Um, there's always a bull market somewhere like Kramer says, you know, I GG in from uh that's Gabelli Asset Management Company. I've been calling that Gameco and there's no such company. It's Gabelli Asset Management Company and I bet they pronounce it Gamco. Gabelli probably G. Anyway, uh G&T is also from Gamco, but it's dead to us because it's down 7%. JF from Namura.

[00:08:42]Okay, I guess BME from BlackRock. Okay, well Black Rockck is usually has good funds. So if it's Black Rockck, let's check it out. Okay, Health and Science Trust. Okay, so this just peaked in March. just it's its latest momentum is negative but but its longer term momentum looks really good. So um so anyway that's why we check these out.

[00:09:09]Okay.

[00:09:11]So that was uh BME from BlackRock. Okay.

[00:09:14]Then we have BIT from BlackRock.

[00:09:18]So this is what uh oh multis sector income trust. Okay. What does this do?

[00:09:24]pays 12% monthly, but it it it looks like it loses about what it makes.

[00:09:32]It uh yeah, well, performance for the year down 10%. That's NAV only, but if they paid a 12% yield, they may have had total return of a percent or something this year. Who knows? Not not very good.

[00:09:43]That's why it's not higher on the list or not very good lately. Doesn't mean that you might not want to look into that one. Uh MFA, that's some kind of financial. I bet that's some kind of loans or credit, distress credit, something. All right. Uh BCX from Black Rockck. Now, this one's down 5.4.

[00:10:01]I mean, 5.4 isn't bad.

[00:10:07]I mean, and you can see this one, the Black Rockck Resource and Commodity Strategy. This one's definitely been do has more recent momentum than the other two. Only pays 7% pays monthly. That's not the worst looking fund. I always discover the coolest new funds every time we do this show because uh you know because lots of times I I discover them and then forget. But no, I remember the ones I like. Um let's see here. MFA.

[00:10:34]That one was forgettable. Go though. Uh BCX from Black Rockck.

[00:10:42]Okay. Resource. Did we already look at that? I'm sorry if we did. Uh resource and commodity trust or is that just like the other one?

[00:10:49]Anyway, my bad if uh being at BIT BCX.

[00:10:54]Okay, Brookfield, that's a REIT and that's down 5%. I mean, it's all right, but it's, you know, we have a long way to go with ones that are up. So, um these are all I mean, River North opportunities, that's WIW doesn't look bad on paper, but they just they're now pulling back a little bit. That that actually may be a good one. PDT from all the way from 1989. I was a junior in college. Um, and then we have GLO, uh, from 1992, which was also a good year, a good decade. The 90s were a good decade. Um, down 2%, THQ down 2 and a.5%, ZTR down 2.4. These could be good. We just don't have time to look at all of them. JRRI down 2.3.

[00:11:40]AODD's down a little bit. ASGI is down a little bit.

[00:11:46]uh IDE and MEGI and ECC. Now the rest are positive. So we have I don't know how many total we have. It says up there we have 62.

[00:11:58]Really closed in funds haven't been doing that well compared to uh covered call funds, have they? Because when we did cover call funds, like threequarters of the list is green. But on these closed end funds, I would say that's probably 2/3 red. It should tell us up here. But, uh, anyway, I I'll Anyway, um, all right.

[00:12:22]So, let's go with the ones that are green. And some of these aren't very green, so I'll probably go through these fast, too. ACV from Verdice, UTF from Coen and Steers, BUI from Black Rockck.

[00:12:32]If it's Black Rockck in the closed end fund space, these guys uh have some interesting funds.

[00:12:40]Um, and look at that. that has that has longerterm momentum and recent momentum, you know, and it probably has a pretty sustainable yield. Utility infrastructure trust.

[00:13:01]All right. Um, CLM of course you guys all know HTD that's some kind of uh tax advantage probably municipal bonds from John Hancock pays small 7.4 is not bad. Um, ECAT that's the Black Rockck Capital Allocation Trust ESG edition and that is plus 1% on NAV a little bit more and paying a 22% yield. Then we have this is an old one from Capital Southwest.

[00:13:32]Um, and it's CSWC and it's up a little bit on Nav Pace 12. PEO from Adams. This one goes back to 72.

[00:13:42]In any event, man, up a little bit on you. I mean, up a little bit on NAV pays page 7.6. EDF pays 13%.

[00:13:52]That's from Verdis. M I AI from New um pays 10 and a half UTG from Reeves.

[00:14:02]That's utility fund, right? Reeves utility fund. Uh pays 5.6 but has good nav plus three. But let's see what the best nav is. The best nav's plus 31. So, um, so three is still pretty modest, but I mean you could I mean, but if you have NAV that's up at all in any of these type funds, you're I mean, you know, it's great because then the the dividend isn't eroding the um because remember the NAV on this is just NAV. It's not total return. You can't look at total return. I mean, you can, but it's it tells you something different. All right. Um All right. UT JCE. Uh, that one's plus nearly 4%. D from 87 plus 3.75 3.74.

[00:14:49]NXG used to be way higher um a long time ago, but it's it's NAV is plus 4% plays 11.5% yield. You could definitely do worse. It has 139% yield profit margin and it's a 50 on the stable decks.

[00:15:06]So, you could do worse. Anyway, Saba um this thing is plus 4% on NAV. Pays almost 9 a.5 72% yield profit margin stability 88%.

[00:15:22]That's not too bad at all. We have BCAT getting in ahead of ECAT. Lately, ECAT's been ahead, but lately, last week, I think ECAT was ahead, but um BCAT is like the cousin from Texas because this is the nonESG edition. They can invest in any companies here. They probably invest in companies from Saudi Arabia and all kinds of places, but the ESG edition, you know, will only invest in uh companies that are, you know, that meet their qualifications. So, it makes it a harder thing to meet. But in any event, uh cousin from Texas, BCAT is winning tonight, plus 4%. And BCAT pays a little higher yield than ECAT, right?

[00:16:04]22. No, ECAT. ECAP pays about percent and a half more. All right. Uh but BCAT's winning on NAV. Good job. But they're they're I think they're roughly the same. Um NCV plus 4% on NAV, paying 9 and a half%.

[00:16:21]OCCI. Now, this is one of these credit ones. So, this credit one is bucking the trend. Oh, I need to remember to go look at that.

[00:16:33]uh cuz this is one of those and this one had been doing poorly but it looks like what happened remember this is a momentum metric so it doesn't look back it looks at recent momentum that's one of the things it looks at and if you look at recent momentum this is actually up you know up 10% or something I mean nav on the quarter is plus 5% for the month is plus 12% you know longer term not so much but um it got picked up on the scanner so that's how it got up there.

[00:17:04]Um, nope. That's the whole list. All right.

[00:17:09]So, uh, where are we? BCAD in NCB. Oh, CCI. Yeah, I can't believe we got a credit one up there. All right. IGD from Voya plus 5% on NAV. Now, we're getting some serious NAV. When you're 5% or more on NAV, you know, that's like you're making 20 30% a year when it's compounded. Um, and that's before the dividend. And these things are paying some of them pay six, some pay 10 or 15.

[00:17:34]So this is pretty good money when you have closed in fund 5% on NAV or or anything. But um but these are a little bit more stable than the stocks and so they don't vary as much. Um anyway, IGD doing a great job pays 9.6. JRE from Janice only pays about 4.89% but has an exemption. I know a lot of people like that one. They're making up for it on NAV. 5.45% on NAV. Then we have CFS from Java. I mean from Saba. This is a fund of funds and this is doing better than Saba. I I think Saaba is the company and CFS is the is the fund of but I'm not sure on that distinction. Um but I'm pretty sure CFS is a fund of funds. This is actually an ETF made up of closing funds. Anyway, whatever they're doing a good job plus 6 and a half% on yield paying 7.22%.

[00:18:28]Then we have GGT, which is a vintage one from 94.

[00:18:32]Uh, up 6.75% on NAV and paying 20%.

[00:18:37]That's probably going to be a contender for the champion. I'm I'm just thinking.

[00:18:40]I mean, that's pretty dang good. 131% yield profit margin. Stable DEX is only a 61%.

[00:18:48]It could be more stable. I'll put it up at the top. All right. Um, it could definitely be more stable. Okay. So now we have BGR from BlackRock um from 2004 7% positive NAV paying a 7% yield nearly 400% yield profit margin and sorry about that. Okay.

[00:19:21]All right. I couldn't see which one was the stable decks but I know now anyway.

[00:19:24]All right. Um, we're getting into the good ones here. I mean, all of these are going to be good. That was BGR. We have AEF. It's at the top from 1990. Plus 8.2% paying a 7% 7 and a half% yield.

[00:19:38]433% yield profit margin and a 34% on the stables, which is pretty poor, but I'm saying it's, you know, it's making up for it other places. Um, it just may, you know, they may be having more uh volatility lately. It doesn't mean it's bad. Um, Trinity Capital, didn't somebody tell me this was a stock and this one shouldn't be in there, but I think we did this last time and it says asset management and usually that's they you they put that on a lot of closed in funds instead of saying closed in fund or maybe maybe it is a difference. I don't know. I mean, see that says asset management and I have this one on.

[00:20:19]So, you know, I don't know. Um, I think it's fair. We We'll go ahead and compare them. I mean, but yeah, it maybe shouldn't be. It maybe not be fair to be in there. Okay, so that's Trinity Capital. We'll see how it does or let's see how it's doing. Yeah, I mean, it's killing it. It It It's going to be a contender. Um, we'll see though. AIO from Verdice. This one's good. Plus 11% on NAV. Paid an 11% yield, 403% profit margin, and a 61 on the stable decks.

[00:20:50]It's better than the last few we've looked at. It's not as good as CFS. That one was pretty dang stable. All right.

[00:20:58]And then we have uh SRV. That's an old favorite. Plus 13% on NAV. Paying. It's that's good at everything except uh stability. It's a 46. But yeah, that's killing it. All these are BST. The I think this is the Science and Technology Trust. Let's go look these Black Rockck lenses have been doing a great job lately. Look at that. Yeah. Science and technology trust. I mean, the only knock on it is it's a small yield. It's 6.4%.

[00:21:30]So small compared to a lot of the cover funds, but um it's making up for it on lately. You know, the NAV's up 14% on the quarter. That annualizes to like I don't know 50 60% something like that.

[00:21:45]Around 60% maybe a little bit more. Then you add in the 6% dividend, it's just gravy on top.

[00:21:52]I mean, of course, it won't always probably be this hot, so we'll have to see. All right, so that one's a good one. And then we have BSTZ, I think, is a variation of the same thing. It's But Jiminy Crimey, it's 22% on NAV. Pays a little bit smaller yield. That's probably our winner right there. BSTZ.

[00:22:12]Now, we're going to have to go check and see. I thought they were basically the same.

[00:22:18]It's a term trust. Okay. But I mean, the chart looks the same, although this one's doing better.

[00:22:25]H. Well, all right. We have BST and BSTZ. And then BT BTX must be really badass if it be 31% NAV. You got to be kidding me.

[00:22:38]What are you doing, BTX? My gosh. Black Rockck Technology and private equity term trust. Most other private equity your credit when it has that word in it, it has not been doing well. A lot of them, the opportunity anyway, but this one is not the case. This thing is murdering it. And it just really started in April when the market took off. So did this.

[00:23:04]Wow.

[00:23:09]Wow. Wow. Wow. Okay. So, let's go look at Um, let's go look here. All right. So, let's We can talk though. Let's get this over with so we can uh let's see which ones are the most stable. We got four of them that are above 100. So, it's WIW from Franklin, PDT from Hancock, RA, which is a um REIT. It's a it's Yeah, it's a REIT Brookfield. It's called Realy Assets or something real generic.

[00:23:40]Anyway, whatever. It's down 4% but it's stable. So, it's losing money at a slower rate, I guess. I mean, it anyway, uh, BIT from BlackRock is also down a little bit, but it's super stable or more stable than the market. And then DNP has market stability. The rest of them are unstable. The most unstable are the credit ones, OCCI, AEF, ECC. Well, and that BSTZ is actually on the crazy list as far as not being stable. Now, that one's been, you know, not being stable can work two ways. when it's going up, it it can work out really well. All right, but it's definitely you wouldn't call that stable. It moves around a bunch. All right, so that's it on stable deck. So, let's just go with the factor number one is AIO from Verdice. Now, that one's up 11% paying an 11% yield. That rate, it's on pace to make a 60% total return for the year yield. It could pay four times as much yield if they wanted to. I mean, if they wanted to, but so they have tons they have tons to spare. Stable decks is a 61. Uh GGT from Gabelli 61 on the stable decks. They don't quite have as much yield profit margin, but uh but they also pay about twice as much yield. So, it's about it's kind of the same difference. You get more, but it may not be quite as safe. Anyway, um but they're second. You can tell by looking at it.

[00:25:03]Uh and then we have Trinity Capital. um third and I mean it's plus 11% on NAV and it pays a 14.3% yield. That looks good. Then we have SRV and BCAT. BCAT is is always up here close. And this CFS is no slouch, man. Any of these in the top 10. I mean this is a list of 50. If you're in like the top 10, it's the top 20% of all these. This BTX, look at this BTX quarterly nav return 31.39%.

[00:25:33]It's just super It's just super unstable. It's like the one of the most unstable ones in here. But but uh but still, I mean, it's I mean that one it's it's the one that's doing the best.

[00:25:46]Um you know, but other things being equal, you'd probably be better with this Gabelli that's not doing as well, but it's like three times as stable or that's the idea anyway. Really the stability one, if you want a lot of stability and you don't like to see the price moving around a bunch, is this CFS looks really good. I know my friend likes CFS, Brad. He's probably not here tonight. All right. So, um Oh, it does. Okay, Chad, that's good to know. Was I playing? Could you hear my Sunno playing? I was playing Sununo before I came on. I didn't know. Anyway, um yeah, send me those edits. Okay, what's going on here? We got Oracle in the house. Um yes. Well, I don't No, not the ETFs. I have not seen that. I need to check that out. I've seen Hyperlid, you know, just whatever the rest of the stuff is. I use Hyperlid on the weekend to track where oil's at. And I love the platform. It looks great. I didn't Can we do Hyperlid in America? I I'll check into that though. I'm interested. I think it's kind of interesting the Robin Hood futures contracts. They call them perpetuals, you know, but I think it's basically a futures contract. Um, OCCI is 334 a share and the expense ratio is 18%.

[00:27:05]Yeah. Well, dude, uh, I'm sorry. I shouldn't know that. I always, like I say, these these aren't my specialty, but uh, but they still have riskadjusted reward. And this AIO one and this Gabelli one and SRV and BCAD and C, these are always in the top five or 10.

[00:27:21]somebody made me stuck a gun to my head and made me buy one of these stupid things. It'd probably be uh I guess CFS because they because they manage it for you. Let Let's check out CFS because they because I all these discounts and I just like ETFs. They trade like stocks and stuff. These are different animals because they trade at discounts, they trade at premiums. You have to know when to take advantage of stuff. So, I would just let these Saba guys manage it. Um, and so look, they have BSTZ in there because of course they do. Hell yeah. That one's badass.

[00:27:57]And they have ASA. That's a That one's not doing well, guys.

[00:28:02]And then they have whatever NFJ is.

[00:28:05]They have a little GDX, which actually is not doing well lately either, but they have a little ECAT that's making up for it. And they have some GDV, which is on our list anyway. But yeah, I would just probably do this. And you get a good mix. some of those and I think all of those are closed in funds, but I don't have to worry about when to buy it at a discount or whatever.

[00:28:28]Um, but yeah, that's probably what I would do. In fact, I just need to get some of those. This this I mean because that CFS is at the top every week.

[00:28:36]I mean, or you know, in the top five or 10. Um, all right. There are two ETFs that just came out, I think. Oh, okay.

[00:28:43]You mean uh Oh, okay. Okay. Well, no, I didn't I was not aware of that. I'm going to I'll check into that. Um, all right. THYP.

[00:28:55]It's the new Hyperlquid.

[00:28:57]Can I look at it in in Is it only in Hyperlid or did they I didn't know if they did an IPO and they're trading on the market. Okay. Yeah, there it is.

[00:29:06]There's also a platform called Hyperlquid, but okay. Whatever.

[00:29:11]I think I'm getting the platform it mixed up with with this. But yeah, this is I got you now. All right, so hell yeah. What kind of dividend are they going to pay? I guess maybe it's too early to know. I usually go check out the website.

[00:29:25]Um let's do a little uh copy and then let's do a little um paste ETF pro. Usually if you type the word ETF perspectus, it'll take you to their at least to the perspectus or I mean they have a they have a Twitter or a X. Let's go see if they're pumping this thing. Yep.

[00:29:51]Okay. Well, kick ass.

[00:29:54]Kick ass. No, that'll be interesting to check into it. So, I I just want to see the perspectus or learn about. Let's just go look at I just want to look at something fast.

[00:30:06]Um, they already have 38 million a good management fee rewards rate. All right. Kickass rewards rate. So the net So it's a staking thing. Okay. Kick ass.

[00:30:25]And they're staking hype. Okay. See, I've heard of that. I I know just enough. I don't really know much about that. Huh. That sounds great.

[00:30:35]Okay. Also, you've seen BHYP.

[00:30:44]All right. Bitwise Hyperlid. Okay. Well, that's cool, too. Um because I because Bitwise Bitwise is fund IMOA actually was dominating lately for whatever reason, believe it or not. Um but man, that's a good looking website right there. Look at this gross staking reward rate. So, is this a month or this is probably annually, but that's actually not bad. They stake 70%.

[00:31:10]Okay.

[00:31:15]Heck yeah.

[00:31:17]Gross staking reward rate. That'd be that'd be cool if that was a quarter or something or or a month, but it isn't.

[00:31:24]This isn't like cover calls. Uh but that but that's a great place to start. I mean, that's that's a great place to start, especially because you hope that the uh that the investment can gain on, you know, can gain also. Yeah, that's kickass, man.

[00:31:41]That is kickass. All right, let's check out this whole You want to check out the whole No one's seen this yet. The whole thing. Let's go. Uh, who do you guys think is number one on the Max Factor? I can tell you number last is is GY.

[00:31:55]Wow.

[00:31:57]What the heck is that? Then there's one called EFO Main Main Street Capital. That's a closedin fund. We just looked at that dogs down. It's super volatile and it's volatile the wrong way. SLJ. Anyway, whatever.

[00:32:11]Um, so let's do it like this. Let's rank Good by the Max Factor. So number one is FTGC. That's commodities. Number two is FAR. That's also commodities. Um, natural resources. I mean FTGC has natural resources, commodities. F ARR is commodities and futures contracts. F AR has gasoline and oil and they've been doing pretty well with that position anyway. Um but then look at AMDW number three. And then look at ARMW number four.

[00:32:46]Those guys are killing. Look at the Is that right? Quarterly NAV return 120%.

[00:32:50]That's obscene. Somebody asked me the other night how he said how could some in the comments he goes how could something that pays 30% have a 700% y profit margin you know explain that to me I don't get that and but the distinction is because I'm looking at quarterly results so if something's up 50% for the quarter that's 200% for the year and if they're paying a 30% or a 20% yield they have a th00and yield profit margin they could have paid 10 times as much in theory because I mean, you know, um All right. So, uh All right. Uh in any event, all right, let's look at uh let's look at something else. Um but yeah, those look interesting. Um Oh, yeah. But but okay. Yeah. So AMDW, ARMW, AMZP, AMD Y, I mean tech has taken back over and just the NASDAQ's going to be at all-time highs probably by tomorrow we'll finish the week on all-time highs.

[00:33:54]And this market's just been insane. I mean, that's pro the way things are going. We'll probably do that. But I mean, at some point if we the war really is over, I wouldn't be surprised to see a uh buy the rumor, sell the news. But we'll see. But I mean, just always be cautious. But hopefully we keep going up for another for hopefully we hit 8,000.

[00:34:14]I guess it's possible. All right. Um, but look, GPTY is a perennial. Pretty good one. It's plus 18%. Look, this one's diversified plus 18% on NAV. Look at TDAC. That's an entire index. And that's plus 12% on NAV. And we have Kleq diversified. It's not the entire index, but it's like a GPTY or whatever. And it's plus 70% on NAV. Now, these are single stocks. So that's good. But I mean, you know, but as far as the indexes go, look at XLKI plus 10% on NAV. And that's a that's an index.

[00:34:48]Chippies in Chippy's like 10 or 20 stocks. So, and that's killing it. Plus 24% on NAV. Triple QT is getting in on the action, too. Plus 11%. EDGQ, GPIQ, Ball Q. If you have a Q in your name, you better be in the top, you know, because it's just been a massive rally.

[00:35:08]There's QVO coming in at 26. Anyway, this changes every day. And I put the uh and I put the uh Hang on, I'm getting the text here.

[00:35:22]Um All right. Uh yeah, Ted is crushing it. I mean, heck, it's number eight on the list. I mean, it's not crushing as hard as Kleq, but no, these guys have been fighting back and forth. I mean, I think Ted was number four the other day. Pretty soon I'm going to have a way to chart the changes in in this and everything. But anyway, that's a sneak preview. And then if you're more on the safe side, let's look at the first five or 10. Uh for yield safety, um sput fd riser, kspy from crane shares, efa, can triple Q and QDL and QDPL.

[00:36:06]Those have been the safest, most stable.

[00:36:08]No guarantee it'll continue. But um but that's a that's the safety crew. They're the ones that don't move around that much, have tons of they don't pay too much yield, but they and they pay for they pay their own way.

[00:36:23]They pay their own way, but they don't they aren't super volatile. Th those are the ones right there.

[00:36:30]Um but there's lots of good ones. This list is what? Look how long this I thought this was impressive. the median return for the entire list is flat. So that's that usually I mean lots of times because these pay lots of these pay a high yield and with the high yield kind of comes from natural decay as you guys know. So lots of times the average yield is like down 5% for the whole list or other times I you know I need to may be able to start charting this but anyway but everything's doing great lately.

[00:36:58]Heck, the average. So, think about this.

[00:37:00]Out of these 394 funds, you could have bought any of them and on average your NAV would be flat and you'd be getting about a 13% yield. I know a lot of you guys are doing better than that. But if you But that's one way to index yourself if you because these are your choices.

[00:37:17]So, if if we looked at this as an index, these are your choices. I mean, I have most everything on here. This is most every closedin fund that we know about anyway. We we're always adding, but these are the popular ones. And if you just had the average fund, you're you're basically making you're doing really well because 13% in a quarter, that's like you're annualizing at 54%.

[00:37:40]And especially if you're on drip and you aren't spending the money or whatever, but in either case, you're doing really it's it's been a good year because the yield that is coming is real yield just on the average one. But but a lot of you guys are probably doing better a lot better than that. But um but in any event, so tomorrow night is going to be foreign. No, tomorrow night's freaky Friday. I just don't like foreign stocks that much, but we'll do foreign Friday.

[00:38:07]Foreign stocks are cool. I know it. We need to look at the foreign stocks, too.

[00:38:11]So, um I'll tell you the worst foreign stocks. EFO, FAX, OVF. I mean, on the list, don't hate. I mean, just statistically, when you rank it up against the other foreign ones, yeah, it's kind of at the bottom of the list.

[00:38:25]uh NIHI, EFA, but that's also on yield safety.

[00:38:31]Let's on on max factor. Some of those are really good though. They just are kind of risky. Like EFSA is a EA EFAS is a good one. So is NHI. NHI.

[00:38:44]Uh NIHI is a good one, too. But look, BSTZ rises to the top of uh this list.

[00:38:53]And look at Gax right there. Oracle got some GX today. I saw his video. Good call there. Look at that. GX has been doing great. Plus 9.76 on uh quarterly nav return.

[00:39:05]Your old profit margin 158% but that's all you can ask if it's at least 100.

[00:39:10]That who cares? It's paid for and you got your I mean but 158 you got a little bit to spare. Uh G AX not known for stability at a 38. It's nothing like an EFS where you you only do about half as well and have a lot less yield, but it's about three times as stable. Whatever.

[00:39:31]All different kinds of uh ones out there. But CGO is a good one. AEF is a really good one. So anyway, we'll look at those tomorrow night. We'll rank those tomorrow night. Um well, it's just today, man. Chad, the rankings change every day. And even though I tried to make this just as good as I could, it's just statistics and there's all kinds of weaknesses. There could be something where one of them had X dividend 90 days ago and one of them didn't pay the dividend till the next day. So, one of them the price chart dropped and so one of them will jump ahead of the other one and the next day it'll be the same.

[00:40:08]There's there's some I need to find a way to smooth the results a little bit better because it's kind of herkyjerky that way. But they're both I mean if they're right there they're right there together. I mean they're they're both good. It's personal preference that you know it's it's personal preference um to a to a large degree. Let's look at let's do this.

[00:40:31]I mean GP2 it's plus nearly 19% on NAV and it's paying 35% yield and it's half as stable as the market.

[00:40:40]I mean chippies plus a little bit more.

[00:40:44]plus 24% but it's also about a third. I mean, you know, it's just a little bit less stable pays about the same yield.

[00:40:50]Shippy actually pays a little less yield since they're both making NAV. You'd probably want the higher yield if you can get it there. I mean, because it's true yield in either which way, but it's close, dude. It just depends on what you're looking. XLKI probably beats both of them right here, but XLKI is only up 10% on NAV, but it, you know, it's it's much safer than either of them. So, or moves around a lot less. It's just more stable.

[00:41:17]But it depends on what you're looking for. That's on max factor, which is just like a horsepower ranking. Let's go on yield safety. Um, and see which one wins. Um, sputs usually number one at the top of yield safety. All the MLP ones, qyg, thta, uh, there's old big Y. Anyway, these those ones that pay the super high yield don't finish real high on the safety one on the safety, but that's just kind of the way it goes.

[00:41:49]I mean, because lots of them move around a lot more. It's just that in a bull market, they're moving in your favor.

[00:41:55]Like BSTZ is one of the baddest ass ones on there, but it's low on the yield safety. Anyway, all right. Uh yeah, I need to add Maybelline. What about Maybelline? And what about uh I need to what I need to do is see if Orville Renbacher will uh sponsor me.

[00:42:12]Remember the other night, Oracle, when you said I look like Orville Redenbacher when we were pulling up those pictures and and I do in my old age. I do look like him. Oh my gosh.

[00:42:22]Oh my gosh. We need to get Orville to Yeah. All the great brands of the 70s.

[00:42:27]Um yeah. No, Max Factor. I, you know, I uh I just thought it was catchy and stuff, but of course I grew up and I was I grew up in the 70s. Um, so I'm in my 50s and yeah, I know all about it. Um, I don't know if it's a deal anymore. When I got the name, I got the I looked at the copyright and they the copyright or the the trademark had expired. Anyone can trade and I'm not going to trademark it. I know that's stupid, but I was just wondering if I was going to get a letter in the mail. So I looked and it's not tra they but and then I thought okay they're out of business or whatever they sold another brand and no they're still around but they just don't in the old days in the 70s and they were huge I mean that every other commercial on TV was Max Factor but yeah or Maybelline of course um Maybelline Orville Red and Bacher was big Colonel Sanders was big I mean I remember watching the Loveboat and Chips and all that kind I mean Happy Days Good times. Good times. All right, guys.

[00:43:30]I'm going to get out of here. I appreciate you all for being here. I will uh talk to you guys soon. Remember, not financial advice. Please consult a licensed planner for all your financial planning needs. Outside of that, hit hit like on the way out if you don't mind.

[00:43:47]All right, guys. Hey, thanks so much. I appreciate it. I'll talk to you later.