Seeking Alpha

Income Investor » Comments |

Sort by:
Latest | Highest rated
  • PIMCO High Income Fund: Look to Swap Out [View article]
    I've been following PHK's NAV saga. A clear case of irrationality. The market, for the time being, apears to have set a level for both NAV discounts and distribution amounts. EAD, for example, is riding comfortably at it's historical 10% discount, and elevated 20% distribution. Expect this to continue until the market further increases its appetite for high yields.

    PHK, a former core holding and favorite of mine, fails any such sanity/value testing.
    Jan 23 11:34 am |Rating: +4 0 |Link to Comment
Comments by Ticker
Income Investor's
Comments Stats
1 comment
Rating: 4 (4 - 0 )