CEF Holdings --- May 2026

stefansm said:
FWIW - Here is how the technicals on PDI are looking to me, on the weekly below:

PDI is now in an A-B-C classic bull flag/correction trading range, inside an upward channel, and, this is important, on decreasing volume. The decreasing down volume is the hallmark of a correction not a new downward trend. Also, your favorite indicator, the weekly MACD is on a buy signal.
P.S.
Elliotticians will find this chart notations familiar :) ...

View attachment 63545
Click to expand...
  • Adjusted charts are better for interpreting historical performance, but they are not the same as the actual buy or sell price at a specific point in the past. Stock Chart

SharpCharts | StockCharts.com

StockCharts.com's SharpCharts Workbench
stockcharts.com stockcharts.com

Here is a weekly chart that is UNadjusted for dividends. Both adjusted & unadjusted have important things to say.
The possibilities, before this mess is over, that PDI will reach 16.40 are very likely. Historical will not mean that much to us OLD folks. :)
The chances it will reach the tariff low are also very likely. At that point in time I want to have enuff cash to invest. @dickoncapecod
 
dickoncapecod said:
Bought some JFR (ex-Friday) to replace GOF I sold earlier. JFR NAV starting to trend up, and with rates stable to rising(?), floaters might be back in vogue but not Vogue.
Regards, Dick
Click to expand...
It's too bad they had to reduce the div a couple months ago, but at 12.43%, it's still pretty decent and hopefully sustainable. It looks like JFR NAV up about a dime in the last month. I'm still happy with my GOF purchase at $10.595 towards the end of March.
 
DrVenture said:
@PaulR888


I was about to say the same thing! I also recall (with fondness) your presence on other forums. Thank you for the kind words!

My attraction to EGRIX at the moment is that I am chasing performance. I fled to cash with all of my bond oef money earlier this year. I'd rather hold cash at 3.5-4.5% (tax deferred), than take risk/losses in bond oefs. I am also very light on equities, based on my historical allocations. Just not liking all the uncertainty, moving parts, etc, at the moment.

I am also on the very cusp of retirement, so needed to finally regroup and de-risk. Now, I find myself needing to put some of the cash back to work. I am fine with foreign stock exposure, as I actually have very little otherwise. So, more a matter of "some" diversification versus a true core holding. That said, I am about to start looking for core bonds, as EGRIX is more of a momentum play for me. Given the very high PPI reading, which I have been anticipating, I think this may be a good time to start considering some new core positions. Honestly, I am somewhat mindful of ER, but mostly focus on TR.

In fact your question is timely, as I am open to ideas/suggestions/recommendations for bond oefs that serve the core function, in an inflationary environment. I am just beginning to review that category.
Click to expand...
Thanks for your response DrVenture. I find posts easier to digest when I know the underlying strategy. I will look into other threads more appropriate for further discussion.
 
stefansm said:
FWIW - Here is how the technicals on PDI are looking to me, on the weekly below:

PDI is now in an A-B-C classic bull flag/correction trading range, inside an upward channel, and, this is important, on decreasing volume. The decreasing down volume is the hallmark of a correction not a new downward trend. Also, your favorite indicator, the weekly MACD is on a buy signal.
P.S.
Elliotticians will find this chart notations familiar :) ...

View attachment 63545
Click to expand...
Very good technical analysis and is useful.

In the layman's world, all the PIMCO multi widgets turned down before the ex date, which is an indication of malaise. PDI / PCN being the coveted ones are not the early warning widgets on the way down (but are on the way up). Unfortunately, there is an elephant (e.g., Administration) in the room that overrides everything. I suspect market participants expect a change in the course of markets influencing events after the Xi summit because nothing drastic would be done before the summit. I think CPI/PPI data are not news because they were directionally what was expected.

P.S.: Near the Close, sold PAXS lots bought at the end of March. Would have no impact on the equity heavy Port but wanted to act on the general sentiment / analysis here.
 
Last edited:
stefansm said:
FWIW - Here is how the technicals on PDI are looking to me, on the weekly below:

PDI is now in an A-B-C classic bull flag/correction trading range, inside an upward channel, and, this is important, on decreasing volume. The decreasing down volume is the hallmark of a correction not a new downward trend. Also, your favorite indicator, the weekly MACD is on a buy signal.
P.S.
Elliotticians will find this chart notations familiar :) ...

View attachment 63545
Click to expand...
Hi. Please help with this one: PDI has never traded below 15, but the chart above has it bottoming below 11.......??
Regards, Dick
 
dickoncapecod said:
Hi. Please help with this one: PDI has never traded below 15, but the chart above has it bottoming below 11.......??
Regards, Dick
Click to expand...
It's because this is a TR chart, i.e adjusted for dividends.
From my AI assistant:

A dividend-adjusted price chart modifies all historical prices before each ex-dividend date by a constant factor so that the chart removes the apparent price “drop” caused by paying the dividend and instead shows a smooth, total‑return series. The adjustment factor is computed on the ex‑dividend date as the prior close minus the cash dividend, divided by the prior close; all earlier opens, highs, lows, and closes are then multiplied by this factor. For example, if a stock closes at 40 and pays a 2 dividend, the factor is 38/40 = 0.95, and every earlier price on the chart is scaled by 0.95, so the apparent gap from 40 to 38 disappears and the chart is consistent with the economic reality that value was transferred to shareholders as cash.

Here are the PDI, adjusted for dividends (TR) in the upper pane in blue and un-adjusted price in the lower pane, in orange:

1778709493266.png
 
stefansm said:
It's because this is a TR chart, i.e adjusted for dividends.
From my AI assistant:

A dividend-adjusted price chart modifies all historical prices before each ex-dividend date by a constant factor so that the chart removes the apparent price “drop” caused by paying the dividend and instead shows a smooth, total‑return series. The adjustment factor is computed on the ex‑dividend date as the prior close minus the cash dividend, divided by the prior close; all earlier opens, highs, lows, and closes are then multiplied by this factor. For example, if a stock closes at 40 and pays a 2 dividend, the factor is 38/40 = 0.95, and every earlier price on the chart is scaled by 0.95, so the apparent gap from 40 to 38 disappears and the chart is consistent with the economic reality that value was transferred to shareholders as cash.

Here are the PDI, adjusted for dividends (TR) in the upper pane in blue and un-adjusted price in the lower pane, in orange:

View attachment 63555
Click to expand...
Both charts, taken together, are very informative.
Adjusted---shows a positive trend in the life of PDI. It also shows PDI is at the -top- of this trend at this time
Unadjusted---shows a price range that can come into play; a time to be in cash and ready to invest.

If someone was wondering if PDI is a worthwhile investment, then the Adjusted chart would clearly say, yes, at this time it still is a worthwhile investment.
But PDI is never, not ever, a buy and hold type of investment...imo. I come close to a buy and hold b/c in the Roth, it is generating 18% due to reinvesting the distributions....and my window of price range changes.
Yet, when it does reach into the $16 range, and when the marks are ticked, i'll buy. This will increase the number of shares and I compare this increase to generating more monthly income.

so basically, total return and cgs are not a part of the picture for how I generate income via PDI
 
FWIW, I was goofing around checking charts on stockcharts, muttering to myself about how weekly MACDs are useless in extremely volatile markets --- just too slow. Then daily MACDs caught my eye --- they have been very effective signals in this fast moving market. Right now they are not throwing happy signals.
Regards, Dick
 
Due to my non-existent punch anticipation and avoidance skills, I've been a buy and hold investor. I just take the punches along the way and hope I recover. My bond OEF target is only 10% of PV. I have caught GOF in a 7% or so sell off a couple of times that lasts for a couple days and I top off to my target. Not the most efficient way to manage my money but that is all I have the skills and time to do.
 
dickoncapecod said:
Yeah, I took profits on some 19% GOF ---- just thinking it is pretty large and pretty liquid and might get whacked if more folks share my creeping doubts.
Regards, Dick
Click to expand...
I sold lots that had 6%-7% appreciation in a relatively short time period. Still licking my wounds from last Fall. I’ll take it. 19% distributions does not equal 19% growth. Make your money where you can. GOF is a squirrelly one. It had a big bounce off its premium low. Caution from here for me.
 
I am interested in any opinions about QQQI. It has, as of now, a 13.34% dividend yield.
The dividends are quite stable and probably managed. They are new, but doing much better than QYLD, and use a more sophisticated strategy to generate these dividends than just pass through calls writing premiums like QYLD does.
Here is QQQI vs SPY, PDI and QYLD with adjusted (TR) and un-adjusted (bottom pane) charts:

1778768443836.png


This is the dividend since inception:

1778768614703.png
 
stefansm said:
I am interested in any opinions about QQQI. It has, as of now, a 13.34% dividend yield.
The dividends are quite stable and probably managed. They are new, but doing much better than QYLD, and use a more sophisticated strategy to generate these dividends than just pass through calls writing premiums like QYLD does.
Here is QQQI vs SPY, PDI and QYLD with adjusted (TR) and un-adjusted (bottom pane) charts:

View attachment 63566

This is the dividend since inception:

View attachment 63567
Click to expand...
Sharpe of 1.80 - very good. Standard deviation of 13.50 - just about on par with the market. So you’ll get a good risk adjusted return with ever so slightly less volatility.
 
stefansm said:
I am interested in any opinions about QQQI. It has, as of now, a 13.34% dividend yield.
The dividends are quite stable and probably managed. They are new, but doing much better than QYLD, and use a more sophisticated strategy to generate these dividends than just pass through calls writing premiums like QYLD does.
Here is QQQI vs SPY, PDI and QYLD with adjusted (TR) and un-adjusted (bottom pane) charts:

View attachment 63566

This is the dividend since inception:

View attachment 63567
Click to expand...
I began a separate thread on QQQI asking similar question, earlier this month, see if wish QQQI-14% yield, what do you think of it?

Only additional comment will offer here is that maybe wish to compare too to QQQ which it largely seems to track but alas underperforms. However fwiw if must seek high yield, agree not bad.
 
Last edited:
fjpajerski said:
Just now see the upcoming distributions for DMO and WDI announced. The amounts appear to be unchanged. Their ex-dates are 6/23, 7/24, and 8/24. Their pay-dates are the end of that month.
--- Frank
Click to expand...
Good news - doesn't appear to be affecting the stock much (yet). Thanks!
 
fjpajerski said:
Just now see the upcoming distributions for DMO and WDI announced. The amounts appear to be unchanged. Their ex-dates are 6/23, 7/24, and 8/24. Their pay-dates are the end of that month.
--- Frank
Click to expand...
Thanks, I grabbed some. Announcement somewhat early.....
Regards, Dick
 
  • Like
Reactions: Ozz
stefansm said:
I am interested in any opinions about QQQI. It has, as of now, a 13.34% dividend yield.
The dividends are quite stable and probably managed. They are new, but doing much better than QYLD, and use a more sophisticated strategy to generate these dividends than just pass through calls writing premiums like QYLD does.
Here is QQQI vs SPY, PDI and QYLD with adjusted (TR) and un-adjusted (bottom pane) charts:

View attachment 63566

This is the dividend since inception:

View attachment 63567
Click to expand...
A few months ago, I decreased my investments in PIMCO CEFs (treason!) and then invested in a half-dozen such ETFs from Neos that cover a range of sectors. Bottom-line: better TR and higher monthly yield and so far no worse in volatility. I (like many now) like manager Neos' approach altho some of the funds may be too new for some investor's comfort. Am keeping an eye on them, especially if a serious market decline happens.
stefansm: note my new thread on DBMF/xxx B&H. would appreciate your opinion whether an allocation-check should be weekly or monthly. TIA.
--- Frank
 
rjsos5 said:
I began a separate thread on QQQI asking similar question, earlier this month, see if wish QQQI-14% yield, what do you think of it?

Only additional comment will offer here is that maybe wish to compare too to QQQ which it largely seems to track but alas underperforms. However fwiw if must seek high yield, agree not bad.
Click to expand...
I am looking for a yield generator on par with Pimcos (12-15%), stable,, not large yield variations month to month and less correlated with our bondish CEFs, performing well in regimes where the Pimcos main have to fight headwinds. Out of all other ways to generate substantial income while not eroding the NAV, outside owning the Pimcos, the call writing class looked best. And put of these, I think QQQI looks as the top choice.
 
fjpajerski said:
A few months ago, I decreased my investments in PIMCO CEFs (treason!) and then invested in a half-dozen such ETFs from Neos that cover a range of sectors. Bottom-line: better TR and higher monthly yield and so far no worse in volatility. I (like many now) like manager Neos' approach altho some of the funds may be too new for some investor's comfort. Am keeping an eye on them, especially if a serious market decline happens.
stefansm: note my new thread on DBMF/xxx B&H. would appreciate your opinion whether an allocation-check should be weekly or monthly. TIA.
--- Frank
Click to expand...
What other ETFs from Neos?
 
Selling increasing again in PDI today.
After selling off parts of GOF and PDI yesterday, CEFs now represent 7% of my portfolio. Possibly my lowest point in years.
Income from the portfolio still stands at over 3X our expenses. Net worth at a high. All part of my broadening investment approach this year.
 
You must log in or register to reply here.

Similar threads

dickoncapecod
CEF Holdings ---- April 2026
12 13 14
dickoncapecod
dickoncapecod
dickoncapecod
CEF Holdings --- February 2026
14 15 16
Semi-Retyrd
S
dickoncapecod
CEF Holdings --- March 2026
29 30 31
COcheesehead
COcheesehead
dickoncapecod
CEF Holdings ---- January 2026
13 14 15
COcheesehead
COcheesehead
dickoncapecod
CEF Holdings --- December 2025
16 17 18
GaltintheGulch
GaltintheGulch

Latest posts

Back
Top Bottom