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Non-Tech : CEF Closed End Fund Investing -- Ignore unavailable to you. Want to Upgrade?

To: shadetreethinker who wrote (1)	4/22/2012 6:51:11 AM
From: KEN2CWL	Read Replies (1) \| Respond to of 62

I am light in the CEF area but if some see strong CEFs at a discount I hope they will be posted. I am not against adding if the price is right. I own just a couple currently. Ken Edited to add... Some time ago I owned more CEFs and belonged to another group called "retire with closed end funds". I found with the stock meltdown from about five years ago the leverage is great for return but you'd better keep your finger on the sell button in a downturn. CEFs can turn on you like a rabid dog due to the leverage factor. I will continue to hold CEFs but conservatively. Ken

To: shadetreethinker who wrote (1)

4/22/2012 10:28:59 AM

From: LTBH

Read Replies (1) | Respond to of 62

If you like PFO, then suggest checking out FFC which has 40% the premium of PFO while earning more than its dividend (PFO doesn't), has more daily trading volume and a lot more UNII. FFC pays .136 and earns .1427 while PFO pays .0755 and earns .705. I own FFC and believe is hands down the better choice in each category versus PFO .... what do you think?

FFC

Key Information Regarding Distributions
Avg. Earnings Per Share: (As of 11/30/2011)	$0.1427
Annualized Distribution Rate on NAV: (As of 4/20/2012)	9.40%
Total Return on NAV (12 months): (As of 4/20/2012)	12.20%
Avg. UNII Per Share: (As of 11/30/2011)	$0.0843
Total % Portfolio Leveraged: (As of 4/20/2012)	33.46%

PFO

Key Information Regarding Distributions
Avg. Earnings Per Share: (As of 11/30/2011)	$0.0705
Annualized Distribution Rate on NAV: (As of 4/20/2012)	8.80%
Total Return on NAV (12 months): (As of 4/20/2012)	12.39%
Avg. UNII Per Share: (As of 11/30/2011)	$0.0311
Total % Portfolio Leveraged: (As of 4/20/2012)	33.39%

FFC: cefconnect.com

PFO: cefconnect.com

Luck
LTBH