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Strategies & Market Trends : High Yield Investing - CEF's
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From: Rincon v2.012/10/2021 1:37:19 AM
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I bought some PCI today. When it merges with PDI on Monday the shares will be eligible for the 50¢ special dividend. Friday is the last day PCI will trade. It paid to wait. The price of both funds has declined since the merger was announced, but PCI still has a lower premium than PDI.
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