Closed-End Funds
Most of my money is in long-term investments in the form of high-interest closed-end funds (CEF’s) in which I reinvest the dividend payouts. These are considered a riskier form of investment. I have had no issue with them and have alerts set up on my brokerage account if / when Read more…
Purchase Info Purchase Date: 4/9/2019 Share: 1300 Purchase Price: $9.7251 Current Price: [stock_quote symbol=”GLO” decimals=2 number_format=sd template=”%symbol% $%price% “] Current Dividend Yield / Amount: 11.72% Fund Info as of 4/8/2019 Website Fund Type Closed-End Fund Style U.S. and non-U.S. equity and debt securities Expense Ratio 3.81% Shares Outstanding 32,224,000 Inception Read more…
Purchase Info Purchase Date: 4/9/2019 Share: 2300 Price Paid: $6.23 Current Price: [stock_quote symbol=”USA” decimals=2 number_format=sd template=”%symbol% $%price% “] Current Dividend Yield / Amount: 9.62% Fund Info as of 4/8/2019 Website Fund Type Closed-End Fund Style Large-Cap Core Expense Ratio 1.00% Shares Outstanding 202,620,825 Inception Date October 31, 1986 Distribution Read more…
Calculating If Return on Capital is Destructive vs. Constructive as explained by www.CEFadvisors.com If Starting NAV: $10 Dividends over the year: $1 Ending NAV: Below $9.01 then (100% destructive) Ending NAV between $9.01 and $10 (partial destructive) Ending NAV over $10.01 (100% constructive)