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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Steve Felix who wrote (8266)	3/15/2011 4:51:11 PM
From: deeno	Read Replies (1) \| Respond to of 34328

cant say on the other ones. wouldnt touch a GNMA fund. This one was 100% ordinary div. I could multiply out the 31% leverage, take out the 2.36% fees, look at the top ten holdings with dividends and nod with understanding. With the tiny NAV discount, its priced right and I got the risk figured out. All that said, I would be more inclined to buy the portfolio as the CEF's leverage = CEF's fee's and I just dont care risk my money for their fee's. For a hands off CEF investment, I think you got a good one. As i said very clean.