RBuck's  Instablog

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Investment Advisor Representative. Uses AmiBroker to generate mechanical models to explore investment possibilities. Prefers ETFs.
My blog:
  • Hiding Place with an 8% Yield 0 comments
    Feb 10, 2010 11:17 PM | about stocks: PTY

    In running a multi-period ranking routine I have come across quite a number of inverse ETFs.  However one may want to take a closer look at Pimco's Corporate Opportunity Fund (NYSE:PTY).  It has shown good strength this year and its $ 0.115 dividend translates into a current 8.49% yield closing at $ 16.21 on Wednesday.

    That may be a good "port in a storm".  

    Disclosure: I'm thinking about taking a position

    Stocks: PTY
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