Cornerstone Progressive Return Fund CFP
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CEF Weekly Review: Losing Altitude
… Items: Highest Positive Spread: First Trust Specialty Finance Fund ( FGB ) Lowest Negative Spread: Cornerstone Progressive Return Fund ( CFP ) Focus Stock(s) of the Week: Cohen & Steers Total Return Realty Fund ( RFI ) Last Week's Focus …
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Sourcing PIMCO High Income Fund's Distributions
… the same rebukes in 2009 when we began to focus our attention on the Cornerstone Funds' excessive premiums. In particular, we analyzed Cornerstone Progressive Fund ( CFP ) which hit a premium peak of 75% in 2009. In our report entitled …
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Monthly Income Ideas:4 Closed-End Funds With 12% To 18% Yields (Part 1)
… CEFs with significant, 8% to 18% yields. To begin, below are four CEFs with 12% to 18% yields, distributed monthly: Cornerstone Strategic Value Fund Inc. ( CLM ) , with an annual distribution rate of 17.60%, distributes $0.1109 per share to …
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The Un-Wisdom of Crowds
… hide then, other than low-yielding Treasury bonds. However, diversification always reasserts itself and remains the cornerstone of prudent investing. Diversification simply means having exposure to many assets classes (different types of bonds ..... tools that give you ideas about ways to increase your diversification and simultaneously lower your risk. Eve Kaplan, CFP , is a fee-only advisor in Berkeley Heights, N.J. Kaplan Financial Advisors is a Registered Investment Advisor in New …
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cornerstone
CLM, cfp ,crp...when would you ever consider buying them? The premiums over nav are about as low as I have seen them, and I have …
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Shorting CFP
40% premium, poor long-term performance, and an unsustainable dividend yield. What not to love? Also, the other Cornerstone funds in the past have sold for substantially higher premia, but now CFP has the highest.
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Income-Oriented Investors: Are You Robbing Peter to Pay Paul?
… receive is their own capital. But there are a number of bad return-of-capital strategies in the closed-end fund realm. Cornerstone Progressive Return CFP , a closed-end fund, serves as a great illustration. On the surface, the fund appears to be just what yield-seekers …
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A Deep Look at Pimco Global Stocks Plus (PGP)
… s today are often reserved for the Cornerstone Funds ( CFP , CLM, CRF) which have frequently ..... model if very well recognized in the Cornerstone Funds. The Cornerstone Funds’ ( CFP , CLM, CRF) disclosures as to their …
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The Error-Proof Portfolio: Don’t Give Thanks for Faux Income
… receive is their own capital. But there are a number of bad return-of-capital strategies in the closed-end fund realm. Cornerstone Progressive Return CFP , a closed-end fund, serves as a great illustration. On the surface, the fund appears to be just what yield-seekers …