Alpine Total Dynamic Dividend CEF (AOD)

[LORTAP KCOTS]

CIM just made a huge move up, you cold of bought it around 2.50/share two months ago.
Today it looks expensive verses the risk, it and the other stocks like IVR, NLY, AGNC, they are seemingly in a great place for the moment. They will however continue to shrink the dividend because the refinancing of homes and the interest rate spread they have been generating the income off of is shrinking everyday now. I would say you could be ok for 6 months but after that it's gonna be a bad idea to stay in these type of stocks..
I personally own IVR and NLY, have been collecting the 15-20% dividends for 3 quarters, I will be selling them in this next quarter for a profit... They won't be able to sustain this dividend past the fall.
imho.
AOD comparatively makes these stocks seem safe as investments... LOL