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Strategies & Market Trends : High Yield Investing - CEF's
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From: jritz01/10/2022 11:50:26 AM
1 Recommendation

Recommended By
red cardinal

   of 245
 
I sold 45% of my NUSI this morning. There has been some debate recently how much protection collar strategies really work and how NUSI in particularly works. seekingalpha.com I knew NUSI could possibly be left exposed if they cover their call options early and it reared it's ugly head last week.

I don't need this income and will hold cash until I do more research or come across some other options.

ETJ is not an option for me at this time as it still trades at a premium. My original plan was to load up on NUSI to help offset some of my other tech related CEFs when they start taking a beating then possibly switching into ETJ.

NUSI is still a full size holding for me.
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