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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (37887)	6/4/2010 2:56:14 PM
From: E_K_S	Read Replies (1) of 78485

Hi Paul - Re: Tortoise Power and Energy Infra (TPZ) This fund is holding up really well. We are retesting the S&P500 low of May 21, 2010 where TPZ hit a daily low of $19.70/share. Today's low for TPZ is $21.17/share almost 7% higher from it's May 21, 2010 low. I wanted to park some money in this fund as it yields over 7% and pays the dividend monthly. My buy point is at any price below $20.00/share. I like their basket of NG preferred stocks & NG MLP companies. It's best to hold them in a fund like TPZ rather than owning the individual securities. The other high yielder you recommended was Flaherty & Crumrine Preferred Income Fund Inc. (PFD). It traded down to $9.65/share on May 21, 2010. Today it is only down to $10.90/share. Both of these funds are thinly traded and all the sellers are probably long gone. Trading volume on both these funds are quite small. I have my eye on TPZ as I would like to start a position in my taxable account. EKS

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