Protected Principal Retirement Strategy: MIN Update
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Dec. 19, 2013, 5:38 PM
May. 1, 2013, 11:56 AMMorningstar's Steven Pikelny calls on three closed-end income funds - MIN, PHK, and KMM - to cut their distributions, noting none consistently come close to actually earning their payout. By itself, that's not a no-no as shareholders can reinvest the distribution back into the fund. But when the fund trades at a premium to NAV - as all 3 of these do - such reinvestment leaves the shareholder worse off. | 2 Comments
Mar. 17, 2010, 2:12 PMBottom line, if you're getting 5% yield in a 0% world, you are taking risk, Roger Nusbaum says on today's livechat. He's positioning the fixed-income portion of clients' portfolios with short-term high quality corporate issues; short term sovereign debt from Norway, Australia and Denmark; some bank preferreds; and MFS Intermediate Income Trust (MIN). | 1 Comment
MIN vs. ETF Alternatives
The Fund normally invests its assets primarily in debt instruments. The Fund generally invests substantially all of its assets in investment grade debt instruments. The Funds dollar-weighted average life will normally be between three and ten years. In det