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both are very valid comments bee. when the offering occured the premium dropped from 7-9% to 4-5% -- that's addresses your second point. i think the dynamic you're describing in a falling market works for all CEFs, not just PM related. The most p…
OJ, Investor -- thank you both for your help. The computer at work added to the challenge. At home, i was able to spot the "delete" button right away (after your prompts). Thanks for hovering over this board and its less experienced users!
Ok OJ. placed my cursor strategically and indeed so the delete button on the far far right. as i move cursor from the comment to click on the delete button, it disappears. that particular screen is very unstable -- could be my work browser issue. w…
Then one of the IncomeBuilders suggested by kevin, above, should be better then global allocation fund. IB funds have imbedded diversification and yield to protect them. GA funds are attempting market timing - they might not provide yield or even …
what's wrong with blackrock? also, pls note that flexible funds are fairly new and there is no successful formula proven over a long period of time. no matter how flexible or global they call themselves, the sad truth is that they need, at least in…
With default rates @ 2.4% in 2010 and might going back up to 3% this year (with 80% recovery if in default), and 4-5% spread to treasurys, both the high yield and floaters, are still one of better games in town. The new loans coming to markets are …
i would love to have "reply to" button. don't rush guys. take your time to do it as safe as possible. but this seems almost as a most basic function which was available @ FA.
i use closed end funds for this role in my portfolio. JRO and VVR. JRO is better managed of the two -- i watched them since October 2008. If you go with closed end, please make sure you learn about these instruments. They are currently trading a…
OJ, the issue I posted on FA was due to the security filters at work. I had no issues signing from home. Appreciate your kind thoughts. Best, former JR.
