SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Income Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Charles M11/22/2025 7:04:42 PM
1 Recommendation

Recommended By
berniel

   of 52111
 
Closed end funds (CEF's ) looking for income. Here is something I posted on another site. This is not investment advice, DYODD
Lets take TEI
Well respected name, consistent discount to nav. , somewhat low expense ratio 1.14% low aum only 320m been around since 1993 IPO’d at $15.00 a share current price $6.32. Chart shows steady increasing share price for the whole yr, payout sometimes exceeds income ( leverage about 17% ) dividend income over its lifetime lumpy. dividendchannel.com
—————————————————————–
Next take PCN
Well respected name, consistent premium or tracking nav, expense ratio .85%, aum $845m, been around since 2001, IPO’d at $15, chart shows pretty steady share price except for April selloff. low leverage of 6%. payout consistent and year-end bonus
dividendchannel.com
disclosure I bought PCN 10-20-25 ave. cost $12.59
I realize this might not be an international CEF, but it holds bonds of international co’s

When you have less assets you can use leverage to increase income but it might come at a cost.
Well enough for today.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News