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Re: OldAIMGuy post# 28664

Sunday, 10/26/2008 8:04:22 PM

Sunday, October 26, 2008 8:04:22 PM

Post# of 48346
I was looking at etf connect and saw a number of funds with large discounts to nav; I was wondering how people feel about aiming
something like UTF ;a utility fund. Its discount is >13% and it has a lot of big name utility companies in it,

If my math is correct the present dividend yield is @ 20 %

but leverage is @ 33% and the dividend may not be safe; does any one have any thoughts on this type of investment and its risk

thanks

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