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Alliancebernstein Income Fund Message Board

  • axzl axzl Dec 8, 1999 7:23 AM Flag

    yield watcher, IMO

    rtfolios,
    and same earnings.

    gsf usually sells at
    greater discount to nav than it is right now, but one has
    to realize that neither is earning its dividend
    according to the quarterly reports; probably earning closer
    to .80 than .90 so a dividend cut could be in the
    cards. Maybe not though because Lyski churns both
    portfolios so much that he could get lucky and do something
    right and actually make some money for the funds. He
    must be about due looking at his record over the past
    several years when interest rate conditions have been
    favorable for bond funds.

    When the discount on gsf
    is greater I have always felt that gsf is the better
    investment.

 
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