Market Leaders Hesitate on Stimulus Plan [View article]
....AAAACK!!!...here's PHK getting pumped again!!!...is Pimco paying for pumps these days?!...PHK is a CEF that trades at a SEVENTY TWO per cent PREMIUM to its net asset value!!...it is burdened with something approaching FIFTY per cent leverage!...that has got to be among the WORST values for high-yield CEF's...if you want something for your list how about JGG which yields 10%, trades at a 10% DISCOUNT to NAV, is UNleveraged, and has over 80% of its funds in AAA rated bonds?
Market Leaders Hesitate on Stimulus Plan [View article]