What do you have against Pimco and Gross? The US Treasury has enough confodence in them that they are a broker/dealer for US treasuries. Come back in two weeks when the price is at $12.30.
Once it goes ex-div the price drops. We all know that. But also the price may drop even more because MONEY FLOWS OUT OF THIS FUND UNTIL IT GETS CLOSE TO THE NEXT DIVIDEND DECLARATION. About 10-14 days before the div declaration money starts flowing back into PHK to get the div. Same thing happens with HYLD.
Don;t ask me why this happens but it does. It's kind of like the MReit's. About a month before those stocks like AGNC,NLY,etc go ex-div money pours into them. After ex-div money flows out and the prices drop until the next quarterly div. There is really no reason to have money in a high div paying stock or fund in the interim between div's. So,the money is placed elsewhere. PHK pays div's monthly,though,and the cycle is much shorter than the MReit's.
You are wrong! FERS people get 1% for each year they work,not 1.7% for the first twenty years. But they get more matching in their TSP's than the CSRS people and can contribute up to 15% of there base salary.
PHK,HYLD,JNK,HYG.....all been very good to me! Mreit's time has been over since taper talk ruined them. No return to the glory days of 2009-2012 seen on the horizon for Mreit's. Stick with junk bonds all the way!!!
What will Mellissa and Maria have to cackle about? No one watching them anymore anyway. They can't manufacture a crisis. People are on to them now. Ratings are a disaster.
Just being honest. She was replaced in the morning and now she is trying to hold onto her job in the afternoon.
Even in the face of a 200 point rally on the Dow she still is trying to find a black lining in a white fluffy cloud. "But what if earnings for Intel are bad?" "This is only a temporary Fix". "Earnings aren't good so far."
C'mon Melissa. Quit the Chinese water torture. We know you you love to see pain but today isn't the day for it.
You're a moron! Probably THE MOST IDIOTIC STATEMENT I have ever seen on this board.