PIMCO Corporate & Income Opportunity Fund

Virtus Stone Harbor Emerging Markets Income Fund 

Eagle Point Income Company Inc

First Trust Mortgage Income Fund

Western Asset High Yield Defined Opportunity Fund Inc

Nuveen Credit Opportunities 2022 Target Term Fund

We review CEF market valuation and performance over the third full week of October and highlight recent market events. Equity-linked CEF sectors have been supported by strength in equities while higher-quality fixed-income sectors continue to face the headwind of higher Treasury yields.

CEF Weekly Market Review: Beware Of The Free CEF Lunch

Nuveen Preferred & Income Securities Fund

Retirement planning tied to selling your assets is a faulty starting place. Do you sell your car's tires to pay for a taxi ride? No!

2 Big Monthly Dividends For Your Retirement Base

PTY is a closed end fund managed by PIMCO that utilizes a diversified portfolio to drive current income and total return.

PTY: A Best-In-Class CEF With A Luxury Valuation

Global X SuperDividend Alternatives ETF

Intel

Kraft Heinz

Omega Healthcare Investors

Starwood Property

abrdn World Healthcare Fund 

After 31 weeks and $3,100, the Dividend Harvesting Portfolio is generating $215.44 in estimated annual income and $17.95 in monthly estimated income.

Dividend Harvesting: Week 31 Update, $3,100 Allocated, $215.44 In Annual Dividends Yielding 7.02% With 48 Positions

Owl Rock Capital Corp

PIMCO Dynamic Income Opportunities Fund

Yes, You Can Retire On Dividends: 2 Soaring Dividends To Buy Today

DoubleLine Income Solutions Fund

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

GGM Macro Alignment ETF

John Hancock Tax-Advantaged Dividend Income Fund

PIMCO Corporate & Income Strategy Fund

PIMCO Dynamic Income Fund

John Hancock Premium Dividend Fund

Cohen & Steers Quality Income Realty Fund

Cohen & Steers Infrastructure Fund Inc

Reaves Utility Income Fund

In the years since I first discovered CEFs, I have focused on formulating the best selection criteria for building a portfolio of reliable securities over time. I have developed a personal rule of thumb for long-term CEF investing, obtained by the flexible combination of three basic parameters: positive NAV since inception, discount on NAV, and leverage.

A Rule Of Thumb For Long-Term CEF Investing

PTY is a very popular fund, both on Seeking Alpha and amongst PIMCO investors. The fund gets a lot of coverage, and its massive premium to NAV indicates many die-hard followers. With this hype, PTY seems to be the king of the jungle, sitting at top the pack in terms of premium for the long term. That history could support more gains, but it's risky.

PTY: Is It Really Worth The Price? Probably Not

BlackRock 2022 Global Income Opportunity Trust

MFS High Yield Municipal Trust

MFS High Income Municipal Trust

MFS Investment Grade Municipal Trust

Delaware Enhanced Global Dividend & Income Fund

Eaton Vance Floating-Rate 2022 Target Term Trust

Templeton Global Income Fund

Ivy High Income Opportunities Fund

Nuveen High Income November 2021 Target Term Fund

John Hancock Investors Trust

Nuveen Credit Strategies Income Fund

Invesco Municipal Income Opportunities Trust

PIMCO Income Strategy Fund

PIMCO Income Strategy Fund II

Royce Value Trust

Franklin Templeton Emerging Markets Income Fund

Tri-Continental

Invesco Dynamic Credit Opportunities Fund

Major indices hit record highs again this week with mid-caps joining large-cap at all-time highs. August was the seventh consecutive month of gains for the S&P. Discounts widened for the third straight week with taxables going from 2.21% on August 15 to +0.68% on September 5. While 1.6% is not all that worrisome, the trend is.

CEF Weekly Commentary Sept. 5, 2021: Have Discounts Peaked?

Three PIMCO closed-end funds recently cut their dividends, causing some analysts to state that the resulting selloff is a buying opportunity.

PIMCO Closed-End Funds: To Soon To Buy

The crowd often stampedes in the wrong direction. Investing into panic leads to outsized returns.

PTY: I Am Buying The Huge Dip, Best 7.7% Yield Of All Time

Apollo Tactical Income Fund, Inc.

Virtus AllianzGI Convertible & Income Fund II

We review CEF market valuation and performance over the first short week of September and highlight recent market events. Discounts continue to move sideways even as NAVs keep edging higher.

CEF Weekly Market Review: Happens To The Best Of Us

PTY's discount has dropped from 48% to 25% in a matter of weeks.

PTY: At What Premium To Buy

PIMCO trimmed distributions on their 3 taxable funds: PTY, PFL and PFN echoing a different trio cut in 2020. We put the cuts in the context of our distribution vulnerability framework and what investors should focus on going forward.

PIMCO Distribution And Income Update: There You Go Again

British American Tobacco

Enbridge

Enterprise Products Partners

Energy Transfer LP Unit

Goldman Sachs BDC

Kinder Morgan

Altria

Medical Properties Trust

Southern Company

After 27 weeks and $2,700, the Dividend Harvesting Portfolio is generating $184.67 in estimated annual income and $15.39 in monthly estimated income. In week 27 I added to Goldman Sachs BDC (GSBD), British American Tobacco (BTI), PIMCO Corporate & Income Opportunity Fund (PTY), and Kinder Morgan (KMI).

Dividend Harvesting: Week 27 Update, $2,700 Invested, $184.67 In Annual Dividends Yielding 6.73% With 46 Positions

PIMCO Funds have a history of exceptional performance.

PTY, PFL And PFN: It Is Only A Flesh Wound, So Far

PIMCO Dynamic Credit and Mortgage Income Fund

Occasionally we learn valuable lessons that could've completely changed our lives if we knew them earlier.

3 Timeless Lessons I Wish Someone Told Me In My Twenties

Credit Suisse X-Links Gold Shares Covered Call ETN

JPMorgan Equity Premium Income ETF

Nationwide Risk-Managed Income ETF

Invesco CEF Income Composite ETF

Global X NASDAQ 100 Covered Call ETF

Global X Russell 2000 Covered Call ETF

Global X Superdividend ETF

Credit Suisse X-Links Silver Shares Covered Call ETN

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Global X S&P 500 Covered Call ETF

YieldShares High Income ETF

If rationality is the winning weapon of the Capricorn, I hope it will help me in the field of finance, preventing me from acting on impulse in the short term. One of my recent decisions was to reduce my Cupolone Income Portfolio to 12 CEFs by liquidating my entire position in RNP.

My Income Portfolio - Opinions Of A Capricorn

PTY is one of the strongest, best-performing, highest-yielding corporate bond CEFs in the market.

PTY: Unprecedented 48% Premium To NAV, Not A Buy At These Levels

AbbVie

Abbott Labs

Anthem

Bristol-Myers

Cigna

Johnson & Johnson

Medtronic

Merck

Cohen & Steers Reit And Preferred Income Fund Inc

abrdn Life Sciences Investors 

Thermo Fisher Scientific

UnitedHealth Group

A monthly income stream provides a lot of flexibility for the income investor. Monthly dividends makes DCA work even better.

3 Big Dividends, Paying Monthly, For Your Retirement Basea

Fundamentals improved very strongly for PDI and PCI, especially with coverage previously looking very weak to now very healthy.

PIMCO June Update | A Strong Recovery And A Swap Opportunity

ARK Innovation ETF

SPDR S&P 500 ETF Trust

Investing in "get rich quick" stocks is dangerous, and this is a trend that's accelerating.

Retirement: Why Income Investors Win

Saba Closed-End Funds ETF

Navistar

The Net Asset Value (NAV) for a CEF remains, for me, a primary measure of its overall health.

My Income Portfolio - NAV Of My Life

VanEck Vectors BDC Income ETF

3 Dividends To Double Your Income In Retirement

Antero Midstream Partners

Realty Income Corp

St. Louis Fed Reserve President Bullard stated the obvious: Cryptos are worthless. While speculating might be fun, most speculators end up broke. We take a look at time-tested investments that have paid investors steady recurrent income for decades.

'Cryptocurrencies Are Worthless' - 3 Great Dividends Instead

Ares Capital

Eagle Point Credit

The S&P 500 dipped as much as 5% this past week on inflation concerns and fear of higher taxes. The pullback has created opportunities.

3 Great Dividends To Buy The Dip

News for PIMCO Corporate & Income Opportunity Fund ETF (PTY)