in convertible CE funds like CVT. It is holding quite well in this environment and pays quarterly dividend (about 9% per annum).
I have bought ACG below $8 and intend to dollar cost average if NAV drops. The yield is not bad even if it drops to 10% or so, and there is always a chance of capital gains if rate drops. AC manages other income funds, do you know any web site that reviews/recommends CE funds in general.
Much appreciated the views expressed by all of you. Thanks, William