CVEO has ample cash and will weather the storm, but it will take time.No BK.
Alta, PHT is a CEF not a BDC.However what the two have in common is junk bond high yield.
Thanks J-Man, but I had a hard time giving the habit years ago, so I can not invest in something that causes harm.
Do No Harm is my mantra.
Vinh and Alta, I do not believe PHT will get back to $16 this year. Sorry, I'm just pragmatic.
More likely, a gradual climb with many bumps along the way.
IAG's return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Metals & Mining industry and the overall market, IAMGOLD CORP's return on equity significantly trails that of both the industry average and the S&P 500.
Even during the recession PHT paid a very steady divy.
This ( Feb ) is the only divy cut I am aware of.
I am going to sit back collect the divy and not worry about it, even though I'm now over weight in PHT.
Do not think they will cut divy again, so soon.PHT is getting closer to NAV.
Wish I knew what is going on, but my only guess is some institutional selling.
This should turn around, or at least be stable.
I must admit I'm some what puzzled with PHT's decent.
In the past it has always bounced back.
I bought some more today @ $12.71.