Seeking Alpha

jack kreg » Comments » CWB

  • Should You Invest for a 2nd Half Surge Across the Asset Classes? [View article]
    You can also buy closed end funds, CEF's, many with substantial discounts, I dont really like the leverage, but at least the discount gives some hedge against losses in NAV.
    In the emerging market debt, consider ESD, recent discount of 18% and yielding 13%, holds a basket of debt from emerging country's (gov), not sure about leverage. (Western Asset Emerging Markets Debt Fund).
    Cohen-Steers, utility fund, UTF, recently sold between 7-9, shares I bought at $8.50, pay 96 cents/yr, and have NAV of $11.18. Of course, this purchase was made in the BAD days of early March, although, recent price of low 9's is still a bargain. The fund holds solid American utility's with some 30% leverage.
    So, CEF's offer an alternative to ETF, I particularly like the discounts in the teen's.
    Apr 24 14:42 pm |Rating: 0 0 |Link to Comment
More on CWB by jack kreg
Comments by Ticker
AAPL, ABB, ABK, ABT, ACAS, ADM, AEE, AEP, AGG, AGQNF.PK, AIG, AMAT, AMGN, AMSC, AMZN, APC, APD, APVNF.PK, ARD, AREX, AYE, AZN, BAC, BAM, BBBY, BBEP, BBY, BCS, BGC, BGR, BK, BKH, BP, BPL, BRLXF.PK, BWP, C, CAL, CAMCF.PK, CAT, CCC, CCTYQ.PK, CEG, CEW, CFC, CFW, CHDVF.PK, CHK, CHKE, CHP,
jack kreg's
Comments Stats
169 comments
Rating: 154 (265 - 111 )