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


To: mykesc2020 who wrote (21597)10/25/2025 12:29:15 PM
From: jritz0  Read Replies (1) | Respond to of 21810
 
RE: I am on another investing forum that talks mostly of bond CEFs. I have been silently listening as I have only held equity CEFs until last week.

I'm not a credit CEF guy, what are their arguments for buying these type funds, steady income? I have a hard time finding bond funds where the NAV is higher now than when it came to market, it doesn't take much to spook the credit market. I prefer equity option funds that have a chance to recover some NAV after a market downturn. Here is PDI's chart of price to NAV and I'm curious why it deserves a premium, I guess because it hasn't cut the dividend? PDI may make sense for a trade especially if rates continue to drop, but I could never hold thru thick and thin with a chart like below.

Just my 2 cents