First Business Development Company ETF Looks Like A Winner [View article]
Alan, the fact sheet for BIZD states that expenses are as follows: "Acquired Fund Fees and Expenses ** = 7.16%
**Acquired fund fees and expenses are not borne directly by the Fund, rather they reflect the Fund’s pro rata share of indirect fees and expenses incurred by investing in business development companies (BDC). Acquired fund fees and expenses are reflected in the prices of the acquired BDCs and thus included in the total returns of the Fund. The fund’s direct net expenses are capped contractually at 0.40%."
Should the high fees concern potential investors or are these fees something that is also charged to investors in the individual stocks?
I fear you have gone over to the dark side in your pursuit of income! Your earlier writings led me to believe you thought mREITs were too risky. Now you are recommending them. (FYI, I am long MTGE.)
Petroleum And Resources Corp: An Attractive Alternative To BP Prudhoe Bay [View article]
Bill,
According to Morningstar, the total return for BPT for the 1-year period ending Jan 31, 2013 was -24.61% (that's minus 24.61%) while it was +6.99% for PEO. PEO also outperformed BPT over the last 3-year period as well.
Equity CEFs: The Insanity Of CEF Investors [View article]
Douglas,
I too initially viewed closed end funds with skepticism. Your articles have enlightened me but I have much to learn. Is there any reason not to include a tax-advantaged CEF in an IRA? Are there better CEF alternatives for an IRA?
Caiman Valores Positions For 2013: Colombia, Chile Offer Best Upside In Latin America [View article]
Caiman Valores wrote an article posted on July 16, 2012 on SA in which they stated that Arcos Dorados was not a golden opportunity. It would be interesting to see if their evaluation of the company has changed.
The Obama Administration considers expanding its mortgage-refinance program to include those loans not held by the GSE's. Fannie and Freddie back just 50% of the nation's mortgages, leaving a big chunk of the 10.8M underwater mortgage loans not qualified for the HAMP. What happened to weaning the nation off of public mortgage finance? [View news story]
Yes, and the previous Republican administration was different, plugging the medicare doughnuthole, etc., etc., etc.
Fiscal Cliff: Let's Call Their Bluff [View article]
Excellent article Ellen, especially about the bloated US defense budget. In 2011 the US spent more for defense than the next 13 countries combined! Yet, neither Democrats nor Republicans seem to issue a peep about reducing defense spending, which could have a significant impact on our budget problems.
And, if we were to go over the "austerity slope", sequestration would only reduce planned future increases in defense spending, not actually reduce defense spending.
It appears Dwight Eisenhower's farewell speech in 1961 warning about the military-industrial complex has gone unheeded.
Nov. ISM Manufacturing Index:49.5 vs. 51.7 consensus and 51.7 prior. Prices index 52.5 vs. 55.0 prior. Employment 48.4 vs. 52.1 prior. Inventories 45.0 vs. 50.0 prior. New orders 50.3 vs. 54.2 prior. [View news story]
Nov. ISM Manufacturing Index:49.5 vs. 51.7 consensus and 51.7 prior. Prices index 52.5 vs. 55.0 prior. Employment 48.4 vs. 52.1 prior. Inventories 45.0 vs. 50.0 prior. New orders 50.3 vs. 54.2 prior. [View news story]
The reported November PMI manufacturing index increased to 52.8 this morning. Is the ISM manufacturing index that much more meaningful than the PMI index?
Healthcare REITs Should Perform Well Under Obama [View article]
Thanks Brad,
Andrew Duffy includes companies investing in lab space as a potentially positive healthcare REIT sector. I was wondering if you have evaluated any of these companies, such as Alexandria Real Estate Equities (ARE)?
Did Obama Cook The Books On The Jobs Numbers? [View instapost]
Very sad Joseph to see you join the ranks of the conspiracy theorists. If the Administration were going to cook the books why stop at the unemployment rate. Why not revise the new job total upward as well?
I was a follower of yours but I guess it's time to remove myself from the ranks of your followers.
First Business Development Company ETF Looks Like A Winner [View article]
**Acquired fund fees and expenses are not borne directly by the Fund, rather they reflect the Fund’s pro rata share of indirect fees and expenses incurred by investing in business development companies (BDC). Acquired fund fees and expenses are reflected in the prices of the acquired BDCs and thus included in the total returns of the Fund. The fund’s direct net expenses are capped contractually at 0.40%."
Should the high fees concern potential investors or are these fees something that is also charged to investors in the individual stocks?
How To Fix The Fiscal Mess [View article]
I fear you have gone over to the dark side in your pursuit of income! Your earlier writings led me to believe you thought mREITs were too risky. Now you are recommending them. (FYI, I am long MTGE.)
Petroleum And Resources Corp: An Attractive Alternative To BP Prudhoe Bay [View article]
According to Morningstar, the total return for BPT for the 1-year period ending Jan 31, 2013 was -24.61% (that's minus 24.61%) while it was +6.99% for PEO. PEO also outperformed BPT over the last 3-year period as well.
Petroleum And Resources Corp: An Attractive Alternative To BP Prudhoe Bay [View article]
Equity CEFs: The Insanity Of CEF Investors [View article]
I too initially viewed closed end funds with skepticism. Your articles have enlightened me but I have much to learn. Is there any reason not to include a tax-advantaged CEF in an IRA? Are there better CEF alternatives for an IRA?
Apple Sure Looks Cheap [View article]
Canacol Energy Undervalued And Set To More Than Double Over The Next Year [View article]
Caiman Valores Positions For 2013: Colombia, Chile Offer Best Upside In Latin America [View article]
The Obama Administration considers expanding its mortgage-refinance program to include those loans not held by the GSE's. Fannie and Freddie back just 50% of the nation's mortgages, leaving a big chunk of the 10.8M underwater mortgage loans not qualified for the HAMP. What happened to weaning the nation off of public mortgage finance? [View news story]
Fiscal Cliff: Let's Call Their Bluff [View article]
And, if we were to go over the "austerity slope", sequestration would only reduce planned future increases in defense spending, not actually reduce defense spending.
It appears Dwight Eisenhower's farewell speech in 1961 warning about the military-industrial complex has gone unheeded.
Nov. ISM Manufacturing Index: 49.5 vs. 51.7 consensus and 51.7 prior. Prices index 52.5 vs. 55.0 prior. Employment 48.4 vs. 52.1 prior. Inventories 45.0 vs. 50.0 prior. New orders 50.3 vs. 54.2 prior. [View news story]
Nov. ISM Manufacturing Index: 49.5 vs. 51.7 consensus and 51.7 prior. Prices index 52.5 vs. 55.0 prior. Employment 48.4 vs. 52.1 prior. Inventories 45.0 vs. 50.0 prior. New orders 50.3 vs. 54.2 prior. [View news story]
Politically Driven Market [View article]
Healthcare REITs Should Perform Well Under Obama [View article]
Andrew Duffy includes companies investing in lab space as a potentially positive healthcare REIT sector. I was wondering if you have evaluated any of these companies, such as Alexandria Real Estate Equities (ARE)?
Did Obama Cook The Books On The Jobs Numbers? [View instapost]
I was a follower of yours but I guess it's time to remove myself from the ranks of your followers.