boh...Don't forget qualified dividend. For year 2013, on my CEF holdings, I received 10,480.11. Qualified divvys are just as good as year end bonuses and an investor does not owe taxes on qual div. I do my own taxes and do not pass up any opp to not pay taxes I received qual div on FLC, PFL, PFD, PFO, PFN, AOD, NCZ and NCV. Still have all those CEFs, except AOD. Sold that loser, but can use losses to offset capital gains. Always plotting how to make a buck. What a way to live. Good luck to you.
hill...NRO is one of 2 REITS in my holdings, the other being RIF. That one was known as RMR before merging. I acquired both of them in 07, before the recession set in. They took one hell of a beating, but I decided not to sell. I decided to hold and speculate. I could not believe real estate would not come back When their shares dropped to 1 and 2.00 per shares, I bought 2000 of each and now hold 5000 of each. I still think I did the right thing. I waited too long to sell, would have taken too big a loss. I have to admit I never thought real estate would stay down this long. Win some and then one must wait to see how it all turns out. I would not hesitate buying NRO at todays price. Good luck to you
boh...I only buy CEFs that pay monthly divvy except RIF. That one pays quarterly. I'm heavy into Flaherty/Crumrine,, namely, PFD, PFO,FLC, FFC, & DFP. I also like PIMCO, like, PFN, PFL, PCN, With tax free munis, I have PMF, PML, PMX. and Eaton Vance EIV, EIM.. My 2 favorite money makers are AGIC conv & income funds NCV & NCZ. Other tax free muni is NEA. I try to keep the Feds from grabbing as much as they can. Several of those CEFs pay qualified dividend, which is tax free. I do my own taxes, I just don't trust those so called tax experts Good luck to you. I've been in the market since 1988. It's the only game in town.