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Pimco High Income Fund Pimco Hi Message Board

  • jforuus jforuus Dec 29, 2013 9:42 AM Flag

    Barron's article by Brendan Conway on the PONZI LIKE STRUCTURE OF THE CEF SECTOR

    90 DAY INTEREST FREE LOAN IN THE DISTRIBUTION CYCLE THAT INVESTORS NEED TO BE WARY OF !!
    Nothing on something that important?

    OK Sir Barron Von Rip You OFF agent....

    what about the fact that CEF are not truly Close end funds since they issue new shares every month? what is that all about? Is that how money managers manipulate pps using their semi-complex computer algorithms to keep you locked into their garbage fund while they charge you fees, as in the case of MARIO THE FEE MONGER GABELLI!!! OR WILLIAM GROSS I WILL ALLOW THE COLLUSION TO BRING UP MY TICKER TO A 80% PREMIUM AND NOT CASH IN FOR MY INVESTORS?

    Explain yourself?

    The ponzi like structure of this entire industry is horrifying.

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