Call 1.866.825.3005 for more information
Call 1.866.825.3005 for more information
Dan seeks to exploit inefficiencies in Closed-End Funds and other under-followed exchange-traded securities across multiple asset categories. His discipline is exercised within various primary styles:
- Pure Short Opportunistic
- Well-Intentioned Activism
- Core Total Return
- MLP Direct Ownership
- Taxable Income
- Long-Short Opportunistic
Each model is separately licensed to Covestor. Dan's income is also augmented by providing securities research, including “buy-side” research.
Dan emphasizes "qualitative research" in seeking to identify potential valuation changes among underfollowed securities. He believes that readily available “quantitative research” used by median market participants is of minimal value for achieving outsized returns in any associated investing style.
Dan sees every set of market opportunities as unique, and his allocation discipline is dynamic. Concentration and diversification have contrasting benefits and detriments. His balance of each adapts to the market environment. Dan is opportunistic at both the micro and macro level; embracing a higher risk profile when he believes suitable. Allocation to a certain security or set of securities is likely to be most significant when Dan has extensive conviction in the utility of his observations and conclusions.
Dan first entered the Investment Industry directly out of college in 1997. After achieving “NSD award” as retail Financial Advisor at Morgan Stanley Dean Witter, he relocated to Morgan Stanley’s International Headquarters in Manhattan where he served as a Closed-End Fund Product Specialist until 2000.
Important Information
Performance of the model manager’s account is calculated by Covestor on a daily time-weighted basis, including cash and broker commissions. More
Past performance is no guarantee of future results. Month to Date returns & Since Inception returns are revised daily. All other returns (month, 3 month, year to date, et al) are calculated as of the most recent month end date.
The subscription minimum is the minimum subscription required to follow a particular model. The minimum amount is determined by Covestor, based on the characteristics of the underlying model. It should not be considered as specific investment advice for your investment situation.
Model commentary
The closed-end fund that could see a catalyst this week
26 March 2012
A potential catalyst could come as early as this week for Boulder Funds, a closed-end fund held by Covestor manager Dan Plettner.
show more