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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 35345  
Subject: Re: ACG article Date: 12/4/2013 11:42 AM
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P.S.

Just a few things,

I did notice that when you click on the link that I posted, you might have to sign up to see page two, which has most of the facts and figures. I didn't mean to post something that requires you to sign up for something. However, it is a free mailing if you do.

The fund does some leverage. So, a big jump in interest rates over the next 6 months might wipe out a potential 15% capital gain if the fund goes open-ended.

And last, probably most closed-end bond funds are priced at a big discount from net asset value (NAV) right now. The exceptional thing about ACG is the possibility of it becoming an open end fund.
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