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n7zmg

n7zmg
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  • Oxford Lane Capital Corp. Is Paying Double-Digit Yields [View article]
    Are you at all concerned that the UNII is -$1.68 (which is almost 3 quarters worth of distributions) and the YTD rtn on NAV is -1.31% ?

    I don't claim to be an expert on this sector but those numbers raise a red flag for me... where am I going wrong? I would love to be an investor in a fund that returns greater than 14% ... if it was sustainable and they weren't just returning my own capital.
    Aug 7 11:35 AM | 1 Like Like |Link to Comment
  • Constructing A High-Income, Tax-Exempt Portfolio With CEFs [View article]
    Thanks for a very informative article... any particular reason you did not include MUH in you list of BlackRock funds. Where did you find the data on duration. I tend to use CEF connect and I am not aware that it has that information (but I could have missed it)
    Apr 22 06:03 PM | Likes Like |Link to Comment
  • Nuveen Build America Bond Fund: A Taxable Muni Bond Closed-End Fund That Pays You To Own It [View article]
    How do NBB and NBD compare. After looking at both on CEF connect they seem to me to be very comparable... but I am rather new to the CEF investing so would like your opinion to help educate me on how to evaluate the funds.
    Thanks for a very educational article.
    Mar 19 02:43 PM | Likes Like |Link to Comment
  • Equity CEFs: Utility CEFs Are Back [View article]
    After looking at the distributions of some the CEF's that you have listed many of them have R.O.C. as a portion of the distribution and a negative unii; (JSN, JLA, JPZ in particular). Some of them just have do not seem to be using capital for a portion of their distributions but have a negative unii; (ERH, EOD in particular). One of them (BUI) does not have a negative unnii but but it's distribution includes R.O.C.. Only one (HTD) seems to have distributions without R.O.C. and a positive unii.

    I am no expert on CEF's and in researching them I tend to look for funds that are not returning capital as part of the distributions as I find it difficult to tell if it is just a return of my own capital. I look for funds with a positive unii as that is one indicator that they are likely to be able to fund the next (or future) distributions.

    Am I going wrong? Should I be considering some of the funds that you are considering even if their distributions include R.O.C and have negative unii's?

    Thanks for your article.
    Feb 4 08:32 PM | Likes Like |Link to Comment
  • Garrison Capital: Time To Buy? [View article]
    Will this be one of the 25 BDC that you will be routinely following? So now 26?
    Sep 24 02:46 PM | 1 Like Like |Link to Comment
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