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

To: E_K_S who wrote (24118)	12/26/2015 8:44:14 PM
From: Elroy	Read Replies (2) \| Respond to of 34328

It's just not worth having the leverage that may/could force the ETF/CEF fund into 'forced' sales if coverage covenants were exceeded. Not sure what you mean here. BDCL is an ETN (exchange traded note). Do you mean that if the BDCs in its portfolio decline, then it would need to sell them to maintain the covenant on the borrowings it made to get to 2x leverage, or are you talking about the actual underlying BDCs getting into a forced sale of assets?