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Non-Tech : Income Investing -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (52070)	11/13/2025 1:22:25 PM
From: Charles M	Respond to of 52113

Something you have to understand about CEF ( Closed end funds) innovativeincomeinvestor.com Yes, their sponsors have merged them with another fund when they were not performing well. They have closed them down and liquidated them when they performed poorly but there has never been a bankruptcy. Certain BDC's and CEF's have been calling their ETD (exchange traded Debt ) early lately. Which also gives me confidence in them but I hate it if I was planning on the income until the final call date. The preferred and the baby bonds are in front of the common when it comes to being paid.

To: Elroy who wrote (52070)	11/13/2025 2:09:32 PM
From: FL_Guy	Respond to of 52113

EICB is supposed to be a "safe pick"? Um, show me where I said it was a "safe pick"..... I did say (and stand by my comment) " Fortunately EICB was a simple replacement with EICC, at least for the time being...." But regardless, EICB is about as safe as one could get with near 100% certainty of collection.... I present to you from today's press release: “Earlier today, we also announced the full redemption of our 7.75% Series B Term Preferred Stock. In light of recent Fed rate cuts, this redemption enables us to further optimize our capital structure and reduce financing costs,” added Mr. Majewski. businesswire.com