Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
New Fund PCEF
Old 03-03-2010, 08:42 PM   #1
Recycles dryer sheets
 
Join Date: Aug 2009
Location: palm bay , FL
Posts: 70
New Fund PCEF

Holds 70 CEF's, no history, little information I could find, one estimate was 8-9% yield/dividen. paid monthly. I think it should be pretty stable.
opinions please.
__________________

__________________
perrytime is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 03-03-2010, 09:22 PM   #2
Thinks s/he gets paid by the post
 
Join Date: Jul 2005
Location: Los Angeles area
Posts: 1,329
Quote:
Originally Posted by perrytime View Post
Holds 70 CEF's, no history, little information I could find, one estimate was 8-9% yield/dividen. paid monthly. I think it should be pretty stable.
opinions please.
"PCEF's annual expenses, which include the fees of the underlying CEFs amounts to 1.81 percent"

Fees on top of fees.
__________________

__________________
learn, work, save, invest, fire
CyclingInvestor is offline   Reply With Quote
Old 03-03-2010, 09:50 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 14,793
Prefer FOF, which is currently trading at a discount to NAV and has lower fees (and a track record).
__________________
"To be a man means that you are brave, loyal and true. When you are in the wrong, you own up and take your punishment. You don't take advantage of women. As a husband, you support and protect your wife and children. You are gracious in victory and a good sport in defeat. Your word is your bond. Your handshake is as good as your word... When the ship goes down, you put the women and children into the lifeboats and wave good-bye with a smile." C Murray
brewer12345 is offline   Reply With Quote
FOF has return of capital
Old 03-04-2010, 05:06 PM   #4
Recycles dryer sheets
 
Join Date: Aug 2009
Location: palm bay , FL
Posts: 70
FOF has return of capital

my search shows FOF has used return of capital for about 50% of last 3 distributions, that's concerning to me.
__________________
perrytime is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Does anyone own a Long/Short Fund like GGHEX - GMO Alpha Only Fund III fatman22 FIRE and Money 3 01-15-2009 07:02 AM
Vanguard opens their Health Care Fund and Explorer fund to new $$$ thefed FIRE and Money 2 08-10-2008 07:30 PM
Prime Money Market Fund vs. Total Bond Fund two4theroad FIRE and Money 2 04-10-2008 12:46 PM
Bond Fund and Money Market Fund Tax Treatment Question terminator FIRE and Money 4 03-01-2007 06:56 AM
Hedge fund-like mutual fund: SWHEX brewer12345 FIRE and Money 2 11-01-2005 01:29 PM

 

 
All times are GMT -6. The time now is 09:26 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.

Early Retirement News right to your Email!

Stay up-to-date with all the latest news to your inbox!

unsusbcribe at anytime with one click

Close [X]