• inspy
    Rising interest rates isn't a problem for PIMCO / DoubleLine. Love discoutned CEFs. Long $DSL, $PCI
    3/24/14
    Reply (6)
    • Qniform: I have no idea how you could reach that conclusion about DSL. http://seekingalpha.com/a/17opb
      3/29/14
    • inspy: DSLs has been reducing duration and lowering HY allocation. Prepayments are down, EM looks relatively steady & distributions covered
      4/6/14
    • Qniform: Duration 6.73, leverage over 30%, only 10% floating rate. Rising rates would be a problem. http://bit.ly/1ejhcWi
      4/6/14
    • Qniform: I like DBL better despite a little longer duration. Much higher quality, lower leverage. To each his own :) Good luck.
      4/6/14
    • inspy: I chose $PCI over $DBL for the US RE exposure. The 8% disc is attractive (vs. 0.26% disc) & the traditional PIMCO premium may narrow the gap
      4/6/14
    • inspy: To each his own. Cheers
      4/7/14