Eric

Technical Analysis of ACM Income Fund, CEFs in General, Doesn't Make Sense

Hi JS,

What I meant in my post was that as a bond fund with around two-thirds of its assets invested in AAA bonds, even though it is leveraged, ACG is a somewhat conservative security, especially compared with an individual stock. Compared to just other bond funds, I agree that because of its leverage, ACG is not the most conservative option.

Regards,
Eric