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


To: SeeksQuality who wrote (7807)8/9/2024 7:26:19 PM
From: macbolan1 Recommendation

Recommended By
Waitress

  Respond to of 21981
 
RE: Do you prefer a distribution that is maintained as the NAV declines until it is slashed 50%? Or do you prefer a distribution that walks down with the NAV, eventually rebounding?

Nope, what you say makes a whole bunch of sense. It's better to adjust with the times and that small adjustment is more like a warning bell that things might not be heading in the right direction. Hopefully being subscribed to SC might give me some heads up on the CEFs I hold before they totally crater.

I do prefer stable dividends to adjustable distributions....but so far since I have not been in CEFs in a very long time, I really have not seen too many reductions in distributions. We will see what I do when those reductions eventually occur.