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

To: Mannie who wrote (25506)	9/20/2016 12:42:22 AM
From: JimisJim	Respond to of 34328

Thx Mannie, like you I included HIE on my DD list because of Lowell Miller... looking at your link, the list of top holdings seems slightly different from when I last looked at it... I see some I like a lot, but frankly a few I don't like a lot, too... to be fair to chowder, I think what he looks for in CEF holdings are stocks that he doesn't own directly because they don't meet his criteria for divvies, but offer other advantages like growth and cap gains, but rather than trade them himself to cash in those cap gains, gets them paid as distributions (minus fees, of course) along with the leverage from options writing, etc... and doesn't like CEFs that duplicate his direct holdings and/or just have stocks he doesn't like for whatever reasons... Personally, I'm not thrilled by CEFs with high ROC, but like chowder, if it's not a typical part of the distribution, i.e., occasional, and the yield, valuation (premium/discount to NAV) are within his range, it's not a deal breaker for him... like chowder I'm primarily looking at the quality of the assets... One criteria he doesn't discuss and I've not seen brought up here: when I'm looking at CEFs I prefer ones that limit their leverage to 20% but will go with one that much higher, but not 2X, 3X, etc. leverage if all else is really good according to M* and my other criteria... I only have some starter positions for now and one of them does have 50%-100% leverage from time to time, but usually less. I have not bought HIE... yet... it is still on my watch list. My concerns on HIE holdings: ETP, RDS, PEGI, GME, CXW... I like (and own) APU, EPD, OHI and don't need the extra exposure... I have VOD on my watch list for both me and for my wife, but still on the fence as I continue digging into the DD... so, for now, I'll pass on HIE, but that's just me... It appears to be a quality fund, just doesn't fit my profile right this minute.