I have owned it for less than 90 days and made three purchases making my average 14.72. Have collected 2 monthlies that payed .23 and will get 2 more before I decide what I am going to do with it.
Today it broke into the 15's so far so good. I do look at it as a high risk just based on the high rate of return so I monitor it at all times.
These high rate over 10% pay outs are extremely risky and this issue is no exception.
Take a look at SDLP similar to CPLP you might like it. Also a favourite of mine is CVA .
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.