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

To: jritz0 who wrote (7789)	8/9/2024 2:33:01 PM
From: chowder	Respond to of 22004

Re: Are you switching to O because the rates are going lower or are you expecting a recession and figure O would hold up better than a REIT CEF? I'm thinking that floating interest rate funds are not only going to drop in price, but they might be more susceptible to distribution cuts. I think O will be steady and reliable with their dividend, and increase it as they go along. I will tell you this though, I am not going to take steep draw downs on any CEF or BDC. I'll sell and go to cash if I have to.