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Author: blacktreechaser Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35367  
Subject: income CEFs article Date: 4/6/2014 1:47 AM
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In this week's Barrons on page L-14, an article on some fixed income close end funds (CEF) that are trading at a discount to their portfolios.

Pimco Dynamic Credit Income (PCI) is trading now at about an 8% discount to its portfolio, and yielding 8+%. I looked briefly at the prospectus..seems like they can buy most anything, right now about 85% is in corporate bonds

Pimco High Income (PHK), the article says, is trading at a 50% premium.

If you buy or sell anything, feel free to route your orders through us, The Slack Boys. Just mail in your orders using third-class postage rates. Or you can call us at BR-549, on a land line, but only via a dial up telephone on a 4-party line.
We're not trying to scam anyone out of millions, honost...we'll just skim a little to keep us in beer money for the week ends.
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