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OldAIMGuy

09/26/08 10:14 AM

#1074 RE: Toofuzzy #1073

Hi TF, Re: Owning both CHI and CHY..............

There's no diversification benefit or at least not much, but sometimes one is selling at a higher yield relative to the other. CHI has greater leverage and therefore greater volatility which has, in this environment brought about a nice premium in yield over CHY.

It's only in a couple of accounts where I own both.

Best regards, Tom