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Strategies & Market Trends
Bonds & Bond Funds
An SI Board Since December 2008
Posts SubjectMarks Bans
161 17 0
Emcee:  peter michaelson Type:  Moderated
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36KTF's portfolio manager bought 6K shares. Pretty unusual for an insider of KyrosL-12/19/2008
35Convertible junk has been decimated. Plus they were probably forced to delever KyrosL-12/18/2008
34Wow on NCZ - check out that huge 31% discount vs what in normal times was no dispeter michaelson-12/18/2008
33I have a couple of similar CEFs with suspended dividends NCV and NCZ, which haveKyrosL-12/18/2008
32PHK is up 16% today on this news. As usual with CEF's, very sparse to zero peter michaelson-12/18/2008
31Well, maybe I ought to read the material twice before I post my incorrect opiniopeter michaelson-12/18/2008
30The Nuveen ratio is total assets over total debt, not just preferred. But prefeKyrosL-12/18/2008
29That's good info, although it would be more useful to me if it showed the topeter michaelson-12/18/2008
28Nuveen CEF leverage at end of November: nuveen.com Black Rock muni CEF leveragKyrosL-12/18/2008
27More copied info: <i>Here is my list of sponsors who provide provide datapeter michaelson112/17/2008
26Another copied post, this one regarding a new form of leverage that may avoid thpeter michaelson-12/17/2008
25interesting post copied from Morningstar board. socialize.morningstar.com Re: Ppeter michaelson-12/17/2008
24Yes, the key to these CEFs is diversification and low portfolio percent per posiKyrosL-12/17/2008
23You are right. My bet is that we are very close to or at the bottom in muni bonKyrosL-12/17/2008
22Darn, I missed that on VTA, thanks. When I started buying these CEF's a monpeter michaelson-12/17/2008
21This from a recent article on the Pimco funds that stopped issuing dividends: &peter michaelson-12/17/2008
20Yes PIA is on the edge. My bet is that munis hit bottom this week.KyrosL-12/17/2008
19PIA - wow, that's some hefty leverage. Looks like $100mm of preferred on a peter michaelson-12/17/2008
18There is a rating table for VTA bonds in the annual report, page 27. The averagKyrosL-12/17/2008
17Point being made on Morningstar too that perhaps some CEF's are down, or stapeter michaelson-12/17/2008
16I chanced upon Morningstar's discssion board on CEF's today. The qualitpeter michaelson-12/17/2008
15Kyros: Thanks for posting your ideas. They give me a focus as I learn how to epeter michaelson-12/17/2008
14I've been buying PIA today. Another muni CEF with yield north of 11%. But KyrosL-12/17/2008
13I have VTA in the corporate junk loan area, among others. It's not all seniKyrosL-12/17/2008
12One thought that bugs me is that some of these record spreads persist because ofpeter michaelson-12/17/2008
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