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


To: jritz0 who wrote (7218)8/1/2024 1:19:28 PM
From: Max2.01 Recommendation

Recommended By
jritz0

  Read Replies (1) | Respond to of 21804
 
Yah, GOF could be risky. I owned it for a while way back when but that premium is a bit outrageous.



To: jritz0 who wrote (7218)8/2/2024 5:36:43 PM
From: macbolan1 Recommendation

Recommended By
jritz0

  Read Replies (1) | Respond to of 21804
 
Probably not. There have been flags thrown about their Dist being too high, the premium...but they still have not cut the distribution. I'm going to start reducing the position and transition out of it. The weird thing is SSD shows it as Undervalued based on its distribution.......soooo it's been even more outrageous in the past. I'll trim the position down and perhaps put the proceeds into BMO to spread out risk a little bit more.