Wednesday, January 30, 2013 9:45:49 AM
I guess you didn't notice the wink and smile after my board name comment? I know you can't do anything about the name of the CEF. I agree with you, it's a distribution, not a dividend. They've been distributing my own money back to me for a while, and I still don't have any complaints with AOD. Doug Albo is right by saying "the difference can mean a lot of money for investors in these high yielding funds over the long run" And I have bought risky high dividend paying ETF's a premium. Some good, some bad.
Another Warren Buffett lesson: "60% of your investments will be losers, the trick is to make a lot of money on the other 40%"
Tomorrow is the last paydate for the .055 distribution. We may see a sell off after folks get their extra shares. Although, it's usually a few day into the next month before it's actually paid. There has been an exceptional amount of volume lately, and it's still holding around 4. I did ask my broker to re-instate my DRIP plan with AOD, so I'll be getting some cheap shares now!
BTW, an excellent premium CEF that has been very stable over the years is PHK.
Recent AOD News
- Form N-CEN - Annual Report for Registered Investment Companies • Edgar (US Regulatory) • 01/16/2024 01:56:09 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/12/2024 01:48:42 PM
- Form N-CSR - Certified Shareholder Report • Edgar (US Regulatory) • 01/08/2024 08:12:19 PM
- Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public) • Edgar (US Regulatory) • 12/28/2023 03:23:03 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 12/18/2023 07:50:58 PM
- Form N-14 8C/A - Registration statement for closed-end investment company (business combinations): [Amend] • Edgar (US Regulatory) • 12/12/2023 07:55:57 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 11/13/2023 07:10:58 PM
- Form N-14 8C - Registration statement for closed-end investment company (business combinations) • Edgar (US Regulatory) • 10/24/2023 09:15:36 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 10/24/2023 04:14:34 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 10/24/2023 10:17:47 AM
- Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public) • Edgar (US Regulatory) • 09/26/2023 04:46:05 PM
- Form N-PX - Annual Report of proxy voting record of management investment companies • Edgar (US Regulatory) • 08/29/2023 02:08:16 PM
- Form 40-17G - Fidelity Bond [Rule 17G-1(g)] • Edgar (US Regulatory) • 08/25/2023 04:36:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/13/2023 03:30:00 PM
- Form N-CSRS - Certified Shareholder Report, Semi-Annual • Edgar (US Regulatory) • 07/10/2023 06:07:16 PM
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