limitout

Eight Monthly High-Yield Dividend Stocks

chi also reduced their monthly divi. by $.045 to $.095 ouch!


On Nov 05 04:53 PM MILESCFA wrote:

> Beware Hi yields like these. I have owned at least 3 of the named
> funds and you can note by price charts they're all down about 50%
> over the last 12-18mns.
>
> Let's see: (50%) cap loss + (say) +20% yield = you LOSE 30%.
>
> At some point, they should be attractive, but whenever you see "unrealistic"...
> yields, beware unrealistic expectations.
>
> Take CHI, for example. I once managed an institutional convertible
> bond fund and the Calamos guys set the standard - they know their
> business. Nonetheless, CHI's "net asset value" (NAV) dropped about
> 50% in Oct vs Jul. 50%. The stock market is down ~25%. When PROs
> lose TWICE what the market does, something's amiss!
>
> An excellent FREE site to use to investigate (yield) ETFs is eftconnect.com.
> You can see things like (1) how long has the dividend been paid,
> (2) what's the average TOTAL returns over 1,3,5,10 yrs, (3) what's
> the trend in NAV, (4) how much do the fund managers pay themselves
> (I looked for 1% fee or less), etc.