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Strategies & Market Trends : Young and Older Folk Portfolio

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To: chowder who wrote (780)1/31/2022 6:39:38 AM
From: CrabbyTurtle  Read Replies (1) of 22034
 
Very curious about the TYG purchase, the thought process behind that one.
It had a very big raise, but that was coming off the back of a very large cut last year. And, it is trading at a slightly less than average discount, for the past year. Large discount to historical norms.
NAV is understandable, as all the mid streams and energies got beat up and are recovering.
The ROC looks good in a taxable account.
Just looking to understand the decision.
Thanks!
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