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Strategies & Market Trends : High Yield Investing - CEF's
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From: jritz05/6/2022 11:01:31 AM
2 Recommendations

Recommended By
misscbd
red cardinal

   of 245
 
Sold THW
Today I sold my position in THW. It's trading at a 12% premium and is around 19% leveraged but it also is paying a 10% on NAV which I just can't see continuing in this market. It's been a great holding for me for years including selling/buying back during the rights offering last year. I will get back in when the premium comes down and/or the distribution gets cut.
GTLA
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