High-yield/macroeconomics (fka YIELD)

[rfj1862]

You know, Abreis (another poster who does not post often) mentioned the Korea Fund, which has an end-of-year distribution of something like $11. Not sure if it is ex-distribution yet. Let me know what you learn if you check it out.

This might sound stupid, but I wonder if there's an option strategy where you could capture the dividend and make money on puts when it goes ex-dividend. This is just off the top of my head--didn't even check to see if KF has options.

PS: I really appreciate the posts--more ideas please!

Update: here's the original post from Abreis

OT RE: ADVDX

The fund is a top recommendation of Carla Pasternack's High Yield Investment Newsletter. The Manager of this Alpine Fund is very knowledgeable on how to get the most out of dividend payouts and ex dates. It usually tracks the S&P as many of its holding are top companies (Merrill Lynch being one). I own it and like the results so far.

Note. You might want to look at symbol KF a Korean fund that is paying out $14.55 per share (capital gains disbursement) probably in November. It also has a 9% dividend and has an excellent track record. This is not a misprint!

Abreis