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bar1080

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bar1080

Re: leftovers post# 605

Thursday, 02/27/2020 5:50:40 PM

Thursday, February 27, 2020 5:50:40 PM

Post# of 812
Yes, CLM owns quality stocks but CLM's payouts are often Return of Capital. CLM's portfolio only yields about 1.8% the last I looked. Beyond that, it's mostly smoke/mirrors. Gimmickry.

Lately CLM has been falling faster than the S&P suggesting the old NAV premium is vanishing. As I always warn, these CEFs can go to discounts. Even deep discounts.

Yes, I'm curious to see tomorrow's numbers.

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

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