HI ..now it doesn't seem to ever go below $26.10
this is like the 4th time i've seen it go down over 1.5% in a day ..then to only go up the next day by the same amount or more
What does that mean ?
That it's that good ..but also at the same time highly interest rate sensitive ..or really more, that it's at a healthy premium
That's why...... definately own some ..JUST NOT THAT MUCH !
PCI isn't 5 stars like DBL. And DBL is Doubleline and J. Gundlach. It has also performed very well.
I own about the same number of shares of PCI and DBL ..nonetheless
THe only other taxable funds to own are pdi, dmo and pty
I'm wondering what the next level of resistance for this CEF. It doesn't seem to go past 25.72 in the past 7 trading days. I'm looking at doubling down at that point. Also, check out DSL which is more based on emerging markets which are starting to rebound.
Same my friend. Got in at 25.13 at 7.5k. I will be buying more before the next div period if I can get it sub 25.40. Gundlach is the bond king! Safe place in this correction
Sentiment: Strong Buy
I have NEver owned DBL ..until now on Feb 2. Only about $10k worth.
Bought at $25.41 ..went to $25.49 at the close of the day. Next day dumped down ..felt dejected.
Now here on Fri Feb 5 ..it goes to $25.98 !
Buying this anywhere below $25.50 ..is a no brainer ..if you ask me.
The MS star ratings are formula generated (unless it's a stock or fund covered by one of their analysts, which DBL is not) and thus not particularly meaningful. Maybe you could explain further about the UNII and its significance.
People are thinking this is a DMOv.2, but it ain't.
It doesn't have the UNII like dmo ( or PDI
Its NAV is 24. dmo is 24.57
This is just 4months older than PDI
And isn't 5Stars like dmo and pdi.
Look for dbl to go back to $24/share again,
I've seen DBL drop like a rock before, will be watching for this to happen again.