Most funds like this one will rise just before x-date. It's called buying a dividend.
If the fund is a dog like this one it will just continue to drop after x-date.
Unfortunately a higher stock market on any given day means that rates will be up too. That;s the pattern we're in....market rises and rates rise along with it. Market drops and rates drop. An investor can't win these days with this pattern. One has to be a good stock picker to make money and THAT is very hard to do.
Yesterday on CNBC Halftime Report:
Teranova: We will be down again on Wednesday.
Najarians: Toll Brothers is the best.
I tell ya.. I can't believe these people are making money predicting nothing.
Go ahead and ruin the economy and the stock market. The rest of the world is lowering rates and you want to raise them? What school of economics did you go to?
She gives no comfort to investors thru her remarks about the market being overvalued. I think she really wants to see a crash. Is she starting to go daff? The American economy needs a strong market. Doesn't she realize this?
I was into this fund and liked it. But now I'm out completely. Sold some at 8.12,8.00 and now 7.93.
Yellen is determined to ruin the markets with rate increases. You can hold thru all the declines and collect the div and wait for her to realize what she is doing and stop it or you can bail now. I chose the latter.
What is it with these Allianz funds? PHK is the same thing. A high div and then the NAV drops. I thought the Germans knew how to manage money well.
They want answers. I know this in confidence and can't reveal any more info.
PHK's biggest investors want to know who wrote the article and where did the data come from. Obvious market manipulation by someone who admitted being short.