Dec. 16 at 11:46 PM
$FFC Nobody here as with other CEFs
But look at the massive rip in
$IGR this past month! And even
$JPC, another preferred stock leveraged CEF, did pretty well
This is a laggard. But leveraged. Money will return to beaten down CEFS with bonds and preferred shares especially as financial conditions continue to loosen and effects of it felt. Narrowing the discount to NAV to closer to average at least. And lower treasury yields should drive people back to other high yielding assets such as these
Good holdings. In.
$PDI $PDO
