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Investing/Strategies / Bonds & Fixed Income Investments
|Subject: Re: Closed end funds||Date: 1/26/2011 8:18 AM|
|Author: billjohn4||Number: 32168 of 35506|
Again, my apologies, for giving the wrong symbol. The AGIC fund's symbol is NCV and is NOT a muni fund. I did verify that it owns no Muni's.
Both funds invest in about the %age of junk - about 25-30%. After that, their portfolios diverge; one to MBS's and the other to convertibles. They also hold smaller %ages of other fixed income instruments.
Basically, I'm trying to determine if NVC is the better hold based on their "other" holdings, i.e., that covertibles are better than MBS.
I appreciate everyone's input. Perhaps, I should get out of closed end funds. I actually started on the switch yesterday by selling about 35% of my EVV holdings and investing the proceeds into other high yield instruments - some pure junk ETF's, high dividend utilities, etc.
Thanks to all, Bill
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