PML , EIV and NEV way down. Any reason for the drop?
looking at candidate muni replacements for sold muni CEFs NEV, PML , and VKI. Feeling pretty foolish. Turns out I wasn't watching ..... CEFs are failing to earn their distributions. Suddeny NEV and PML look prett good and VKI/VGM look a bit iffy on coverage. Further
BERIX 0.8 1.0 5.1 ? PGDIX 0.6 1.1 7.1 4.3 Global CEFs PDI -1.35 -2.05 11.6 3.85 Global (close to PIMIX) PML -2.5 5.0 15.4 11.1 ? Munis PKO 1.3 0.6 -1.1 3.65 Other PFORX -0.5 1.5 11.5 7.3 Global USD hedged Manage
In each category, listed by size of holding: Taxable debt: PDI, PCI, PKO - 3% fportfolio value Munis: PML , EIM, KTF, NEV, PMF, PMX, EIV -24% of pv Equity: UTF, HQL, RQI, HQH, RNP, PEO, BTO, IGR -17% of pv Notes: Portfolio
My guess that muni cef's were breaking out came to fruition. Looking to trim some positions in pml , mqt, mui. Any ideas what to roll it over into, or just sit on cash for awhile?
of dividends.Other muni CEF's are also rising, especially PML . VKI is up but not as much. I also own those two. Sentiment ..... the money after the sale. I don't think I would redeploy in PML or VKI at current prices. The only reason I am selling (maybe
From the PIMCO website for PML (except I added the dates): PML , NII = $0.47, UNII= $0.47(1), Distribution ..... difference between six mo average and current. CEFConnect has PML underearning as of 5/31/2014. Comments appreciated
Looking at a number of charts ( PML ) it looks like muni cefs are about to break out to the upside.
start this, but Mrs. Cod has told me to "get that portfolio STUFF out of the dining room!" so before I put it away: Muni: PML , NEV*, VKI Pref: HPS*, JPS*, FPF Other: KYN, PCM, PDI, PFL, PFN, PCI, PCN, PKO, DSL, DMO, BGH *positions
other recent changes in this category -- none) Munis ( 8% of total portfolio): KTF, MMU, MYD, BBK, NEV, BSD, BFK, PML (recent changes in this category -- none) Preferred ( 2% of total portfolio): JPI (sold a little), HPS (sold majority