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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: Don01022 who wrote (921)	4/13/2022 9:57:40 AM
From: chowder	Respond to of 21989

I expect almost all CEF's to cut at some point. The yield is still quite high and the fund uses no leverage so I decided to add to it thus increasing the income flow over what it was paying before the cut. I stay focused on managing the portfolio to maintain the high income level. If SPE were a leveraged fund with a cut they would have been sold first. If others wish to stay away from it, I get it.