John Hancock Patriot Dividend Fund: Am I Missing Something? [View article]
Robert --
This behavior is common for a CEF. It drives away those investors who demand capital gains .. as well as those investors who give preservation of capital a higher priority than income.
Result? Opportunity for you to buy something undervalued, and get reliable income, forever.
Jakester --
The management fee is deducted before Robert receives his dividends. If he's happy with a 6.7 yield, any criticism of the management fee is not relevant.
John Hancock Patriot Dividend Fund: Am I Missing Something? [View article]
This behavior is common for a CEF. It drives away those investors who demand capital gains .. as well as those investors who give preservation of capital a higher priority than income.
Result? Opportunity for you to buy something undervalued, and get reliable income, forever.
Jakester --
The management fee is deducted before Robert receives his dividends. If he's happy with a 6.7 yield, any criticism of the management fee is not relevant.
John Kerans