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papaone

papaone
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  • Bond: The Little 4 Letter Word Investors Hate To Use [View article]
    Thanks for a very good article, Adam. While there was a recent panic in equities and associate funds, and I discarded to CEF's, I was sleeping well with my Vanguard VWEX. Yes, I know I get only 5%, but the fund has been very stable--short term on their holdings.
    Oct 22 02:05 PM | Likes Like |Link to Comment
  • JRI - CEF With 8% Dividend Offering Global Exposure [View article]
    Alvin, I would like to get the actual UNII amount and the fund literature does not itemize the UNII. Looking at the financials that do show undistributed $$, that amount divided by shares would be much less than the $5.80. +$5.80 would be a huge find, a huge advantage for this fund. By my math on their numbers, UNII would be about + 0.1450 per share. Anyone else have the correct amount?
    Oct 21 06:11 PM | Likes Like |Link to Comment
  • CEFL Now Yielding 22.5% [View article]
    It all sounded good to me, say too good to be true. I hold a group of CEF's so it was with some comfort that I went long 1000 CEFL three months ago. Yes, that old market--my CEFL took by far the largest decrease--20% of any holding in CEF's. I do not like to keep anything going down-CEFL is gone. So, now that the EBOLA scare etc are gone from the market, I suppose CEFL will go back up. Damn the market I really wanted the big dividend.
    Oct 21 01:11 PM | Likes Like |Link to Comment
  • Selling in BDCs doesn't let up [View news story]
    For those looking at BDC's, I suggest you also add BCDBUZZ to your research. BUZZ can be found herein.
    Oct 21 12:52 AM | Likes Like |Link to Comment
  • Selling in BDCs doesn't let up [View news story]
    keltus, some advice for someone 10 years above your age. Do not take SS until age 70. You will get more $$ for life and dollars taken at age 66 will add to your tax issues. Also, Advantage plans are much better, in most cases, than is Medicare alone.
    Oct 21 12:49 AM | Likes Like |Link to Comment
  • We Warned You Early About This Correction, What Are We Doing Now? [View article]
    Joseph, are you interested in CEF's such as ETW that are into covered options? They have done well up to the current down draft.
    Oct 18 04:25 PM | 1 Like Like |Link to Comment
  • Building An Income Portfolio With Closed-End Funds. Part 1: Real Estate [View article]
    EBOLA completely out of blue, who could predict something like this and the panic it is causing and the future impact. If no more cases, I will buy back in, if there are a few more cases, look out below.
    Oct 17 03:29 PM | Likes Like |Link to Comment
  • The Market Is Dropping Will Dividends Hold Up [View article]
    Feeling that interest rate will not rise, and not adversely impact my dividend payers, I was confident in all my CEF's. However, I did not consider panic such as the panic on EBOLA. It is scaring people and I did get out early this week. Fortunately, I did not listen to the nay sayers on bonds and held my Vanguard high yield and 4 BBB MLP bonds that have not gone down thereby adding some stability to my portfolio. I plan to buy back what I sold when EBOLA is solved--it is a BIG unknown.
    Oct 17 10:36 AM | 1 Like Like |Link to Comment
  • Is Kayne Anderson The Best MLP Play Right Now? [View article]
    As of Oct. 15th I check KYN on the web site, 84% of assets are in Midstream companies, some in shipping and a very small amount in production. Soooo, why the knee jerk reaction to the price of oil? Who knows!
    Oct 15 01:22 PM | Likes Like |Link to Comment
  • JRI - CEF With 8% Dividend Offering Global Exposure [View article]
    As of Oct 15th, all 14 of my CEF's show a loss based on a 12 month cost--except JRI and they are holding onto a small gain. The entire year's gain on all the others is gone---AND interest rates were not the cause of the broad market decline (is it EBOLA or the Middle East disaster?). In fact, my bonds are holding very well.
    Oct 15 01:04 PM | Likes Like |Link to Comment
  • Monthly Pay Dividend Dogs: Elite Lists For October [View article]
    As of today, Oct 14th, I was really surprised at the significant (over a very short period of time) and quick drop in all my CEF's--and that is without a rate increase or even a hint of a rate increase within a year or two. Would you like to redo you work with end of October prices? I would like to see that names of the higher yield funds that beat the average price decline. Thank you.
    Oct 14 04:51 PM | Likes Like |Link to Comment
  • Nuveen Floating Rate Income Fund: High Current Income That Floats [View article]
    Author, I am aware of the floating rate CEF's, however, the market seems to not want to consider that fact and knee jerk react to interest rates on all CEF's.
    Oct 12 11:13 AM | Likes Like |Link to Comment
  • Nuveen Floating Rate Income Fund: High Current Income That Floats [View article]
    What is happening in the market will be over some time and in the mean time I feel that it will cause the FED to stay the course on rates as they are now. It is an increase in rates that could hurt these funds more on a long term basis than the temporary market down draft.
    Oct 10 05:22 PM | Likes Like |Link to Comment
  • Is Kayne Anderson The Best MLP Play Right Now? [View article]
    So, as of today, it appears that all MLP's want to trend down with the price of oil. Yet, most in transportation and storage are not impacted such as would be the case for producers. But, that's the market---which should rebound soon.
    Oct 9 10:05 AM | 1 Like Like |Link to Comment
  • CEF Strategies: The PIMCO CEFs - Opportunity Or Warning Shot? [View article]
    Doug, thanks for reassuring me on PCI and the value of floating rate funds.
    Oct 1 08:55 PM | Likes Like |Link to Comment
COMMENTS STATS
411 Comments
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