gordon

David Fry's Market Outlook for Friday

If I understand your question, I got out of equity leveraged CEFs, ie: IGD looks like a global equity CEF paying 9%, but you could see the charts breaking down (look at RMH) the reason is most are leveraged 30-40% using CDOs or interest-rate swaps, I use etfconnect.com to see what their bonds are and how much leverage, almost all those have leverage hidden in there in the fine print, and will likely cut dividends, if not already.