nav erupted heading back to 8 next distribution may return 6c from interest on bonds and balance from the asset base unless they do the unthinkable and reduce the payout. will be on pins and needles worried about posters awaiting next weeks announcement
the nav erosion has started to surface big time. looks they can get hi yield for 8 per cent at best and pay out 17-18%. any explanations or i will stick with getting into his, ark or msy when you posters tell me its time
Yikes mcgoo. You are right. I'm going to unload every share I have in this fund........ Thanks for your timely warning. I owe you. Oops, I can't do that. The realised capital gain would wipe me out come tax time. Oh well. Just have to hold on.
I'm simply reaffirming the view that AIG and Ally bonds are truly rock solid and nothing bad could possibly happen to those companies, even if the political winds changed.
Besides, if anything were to change, PIMCO is so smart that surely they'd get out of those bonds long before they sold off.