Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: On 3/11/09 I bought 800 shares of PFF at $19.07, and have received a monthly dividend with a annual yield of 5%+ ever since.) It’s hardly surprising when active portfolio managers take shots at the exchange-traded funds that dominates their market.