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Non-Tech : CEF Closed End Fund Investing
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To: LTBH who wrote (6)4/22/2012 4:46:21 PM
From: shadetreethinker   of 62
 
LTBH,

I agree with you whole heartedly. When I bought PFO, I liked the utility exposure that it offered. Buying UTG a few months later took care of the utility sector. I should have looked at trading PFO back then, but I didn't. Hindsight is a wonderful thing that teaches us what not to do again, but sometimes procrastination is better.

My cost basis for PFO is $5.01 a share, making my dividend yield over 18%.
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