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


To: QTI on SI who wrote (20994)10/6/2025 3:17:39 PM
From: jritz03 Recommendations

Recommended By
chowder
QTI on SI
suncoaster

  Read Replies (2) | Respond to of 23091
 
RE: Also, AOD is up like ~15% YTD, so wouldn't I be buying at the peak here?

In a market like this, I prefer a fund beating SPY at NAV rather than a laggard. It still trades at a 5%+ discount and I look at the 50% of the proceeds from the VZ sale as a nice buffer to the downside.

I get where you are coming from, we just go about buying CEFs differently. I don't mind buying and selling them because I believe that is where alpha is created in the CEF space. I don't own AOD and probably won't be buying, I don't want any more CEFs at this moment.