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Re: leftovers post# 660

Thursday, 02/04/2021 10:27:35 AM

Thursday, February 04, 2021 10:27:35 AM

Post# of 812
I don't understand the recent outperformance of CLM. Yesterday CEF Connect showed it trading at +38% to NAV which was about the highest premium I recall ever. That's certainly nutty, although nutty applies to many piss poor stocks lately. One has to consider whether it's from some Reddit/RobinHood gang effect.

Anyway, I certainly don't follow this POS closely. Everyone should understand CLM holds a very ordinary bunch of blue chips and uses risky gimmicks to juice the *apparent* yield.

https://www.cefconnect.com/fund/CLM

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