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Nick Ackerman

Nick Ackerman
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  • CEFL Now Yielding 23% - What's Wrong With The Closed-End Funds? [View article]
    Edmond Overbey, I'm not sure my broker-dealer would approve...
    Jul 31, 2015. 11:56 AM | Likes Like |Link to Comment
  • Currency hedging comes to international high-yield [View news story]
    Isn't DHF a closed end fund?
    Jul 30, 2015. 01:18 PM | Likes Like |Link to Comment
  • LINN Energy Announces Second Quarter 2015 Results; Announces Intent to Recommend Suspension of Distribution; Repurchases Approximately $599 Million of Senior Notes at a 35 Percent Discount [View article]
    It's a publicly traded LLC, not an MLP.

    "Is LINN Energy a Master Limited Partnership (MLP) or a corporation?
    LINN Energy is not a MLP or a corporation, but a publicly traded limited liability company with partnership tax status. The significant differences between LINN Energy, a MLP, and a corporation are illustrated in the chart below."

    From their site.
    Jul 30, 2015. 01:16 PM | Likes Like |Link to Comment
  • LINN Energy Announces Second Quarter 2015 Results; Announces Intent to Recommend Suspension of Distribution; Repurchases Approximately $599 Million of Senior Notes at a 35 Percent Discount [View article]
    What were they thinking with Berry. They should have never raised the bid. Walked away and live to aquire another day. I kick myself in the butt for this daily, as soon as they raised I almost sold. I'm so stupid sometimes!!
    Jul 30, 2015. 01:13 PM | Likes Like |Link to Comment
  • CEFL Now Yielding 23% - What's Wrong With The Closed-End Funds? [View article]
    Interesting links GGjr and thank you cubeless lol. Isn't it better when sentiment is down? Some theory or something that says when the broader population is down on the economy and retail investors are down on stocks that is when to keep buying, when to sell is when everyone and their unborn children are buying stocks and positive is when the market has peaked? (dot come bubble, china's market right now type stuff) Something like that I think anyway.

    I'll keep my realistic with a dash of optimism view in tacked. I couldn't imagine living everyday waiting for the world to blow up. We are only here for a short time.
    Jul 30, 2015. 01:09 PM | 1 Like Like |Link to Comment
  • Significant upside seen on Kraft Heinz [View news story]
    Come on KHC! I should look it up myself but does anyone know when they will have there first quarterly report as a merged company?
    Jul 30, 2015. 09:26 AM | Likes Like |Link to Comment
  • LINN Energy Announces Second Quarter 2015 Results; Announces Intent to Recommend Suspension of Distribution; Repurchases Approximately $599 Million of Senior Notes at a 35 Percent Discount [View article]
    It's going to get hammered over the next couple days unless crude rises 20-50 bucks a barrel :) Oh well, this is the right move by management. Maybe we can say it will be around in 10 years now instead of distributing itself to bankruptcy.
    Jul 30, 2015. 09:21 AM | Likes Like |Link to Comment
  • CEFL Now Yielding 23% - What's Wrong With The Closed-End Funds? [View article]
    Why is everyone so negative about the economy and the fed and the government? (okay government sucks) I feel like I'm growing up in a generation of doom and gloom 24/7. Is this due to the media always portraying negative and shock to get the attention of readers? I just don't understand. I'm 24 and ever since I have been paying attention it has always been negative news and negative people on the internet. Is anyone ever happy? Anyone ever show optimism? There has to be better of people, this can't be it...
    Jul 30, 2015. 09:00 AM | 2 Likes Like |Link to Comment
  • CEFL Now Yielding 23% - What's Wrong With The Closed-End Funds? [View article]
    Not yet. Until the market reacts rationally, which is yet to be seen with these notes. Good luck.
    Jul 28, 2015. 11:56 AM | Likes Like |Link to Comment
  • CEFL Now Yielding 23% - What's Wrong With The Closed-End Funds? [View article]
    Exactly my concern.
    Jul 28, 2015. 11:55 AM | 1 Like Like |Link to Comment
  • CEFL Now Yielding 23% - What's Wrong With The Closed-End Funds? [View article]
    DEFINITION of 'Reverse Floater'
    A floating-rate note in which the coupon rises when the underlying reference rate falls. The floating rate resets with each coupon payment and may have a cap and/or floor. The underlying reference rate is often the London Interbank Offered Rate (LIBOR), the rate at which banks can borrow funds from other banks in the London interbank market, the most common benchmark for short-term interest rates.
    Jul 28, 2015. 11:54 AM | 1 Like Like |Link to Comment
  • RIF: An Index-Like REIT CEF With A Nearly 7% Yield [View article]
    I love your articles on CEFs please keep it up! They aren't popular but I believe definitely have a place in an overall portfolio.
    Jul 27, 2015. 09:22 PM | 1 Like Like |Link to Comment
  • EXG: The Distribution Is Your Return [View article]
    I own ETV and ETG, I'm happy with those. I am worried about another downturn like 2008 style event because they never have fully recovered NAV, that's a little worrisome but ETG has managed to hold the distribution steady since their cut in 2008 without eating the NAV away. ETV is like a sister fund of EXG being that it's also tax managed and writes covered options to generate income but holds U.S. equities. Since a cut in 2010 to the distribution for ETV it has also maintained with growing it's NAV, however, still hasn't reclaimed the same NAV before 2008. To reiterate, a 2008 style crash does concern me too. Doesn't seem like closed end funds get back to their NAV after those types of crashes. (at least not the ones I've been looking at or hold in my portfolio)

    Thanks for the awesome article, always enjoy reading your material!
    Jul 24, 2015. 01:35 PM | 1 Like Like |Link to Comment
  • Analyst coverage starts on Kraft Heinz [View news story]
    Easy to see this thing touch $100 in the next few quarters as the cuts are realized. Interesting to see, I have been holding since 2010 (would've been longer but I wasn't 18 until then, sorry to be late to the party) will continue to hold. Best performing stock I have in my portfolio.
    Jul 21, 2015. 10:01 AM | 3 Likes Like |Link to Comment
  • HIX: Smaller Distributions And History Suggest A Long Life Ahead [View article]
    Enjoy reading all your articles! You always present just the facts on an investment and give an honest opinion for someone to do further due diligence. Thanks again, please keep the articles coming.
    Jul 16, 2015. 11:56 AM | 4 Likes Like |Link to Comment
COMMENTS STATS
107 Comments
117 Likes