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Strategies & Market Trends : High Yield Investing - CEF's -- Ignore unavailable to you. Want to Upgrade?


To: Don01022 who wrote (152)3/3/2022 10:03:15 PM
From: chowder1 Recommendation

Recommended By
red cardinal

  Read Replies (1) | Respond to of 245
 
I didn't do away with all of my levered funds, I simply cut back the level of exposure I had to them. With RQI and RNP I could have trimmed both and kept both of them at smaller sized positions but decided since RNP was a full position, I'd keep it and sell RQI.

I had already trimmed PTY way back a couple of months ago and plan on keeping the rest for now.

As to BMEZ, during these uncertain times, I thought it best to stick with large cap healthcare companies and those are held in BME.

I would not have sold any of these if we weren't facing higher interest rates.