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Post by xray on Jan 9, 2021 0:55:39 GMT
One of the best weeks ever for CEF income oriented investors as new investors start looking for dividends in the CEF world. Two CEF's announced increases of >20% in their dividends today for the remainder of the year [and are still at substantial "DISCOUNT" for any market correction]. Many NAV's are still lagging MktPrc's [with great dividends and/or distributions (>10%)] causing big "DISCOUNTS". Time for income investors to get on board, if not already, and start doing their analysis and homework [IMHO]....
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Post by xray on Feb 14, 2021 22:10:56 GMT
Something to put on your watch list [and analyze to individual Goals & Objectives] if you don't already have it in your current portfolio's....
RIV [up +$0.04 in "NAV" last week, +$0.52 week before] came off of a RO [rights offering to existing shareholders] last year with a final MktPrc buy-in of 13.88 [currently MktPrc @ 17.21 (COB Friday)]. RIV invests in ETF's & BDC's....
Looking at my current analysis weekend data review, RIV is continues as a 10star [highest analysis rating possible], with a 13wk NAV performance star rating of 10star. RIV currently pays 11.85% distribution [dividend sustainability extremely high with a +747 [with the norm being +581] analysis rating but is currently at a slight "premium" [NAV currently 17.04]. RIV is up +$0.35 in intrinsic value and currently has a Rf [RISK FACTOR] of having in portfolio of +0.696 [with the norm being +0.722]....
Observation: RIV can be "volatile" in changing markets....
Something to look at [and analyze] IMHO....
Disclosure: Some of us have a current position in RIV with some CapGain already taken this year.
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Post by uncleharley on Feb 14, 2021 22:28:05 GMT
Something to put on your watch list [and analyze to individual Goals & Objectives] if you don't already have it in your current portfolio's.... RIV [up +$0.04 in "NAV" last week, +$0.52 week before] came off of a RO [rights offering to existing shareholders] last year with a final MktPrc buy-in of 13.88 [currently MktPrc @ 17.21 (COB Friday)]. RIV invests in ETF's & BDC's.... Looking at my current analysis weekend data review, RIV is continues as a 10star [highest analysis rating possible], with a 13wk NAV performance star rating of 10star. RIV currently pays 11.85% distribution [dividend sustainability extremely high with a +747 [with the norm being +581] analysis rating but is currently at a slight "premium" [NAV currently 17.04]. RIV is up +$0.35 in intrinsic value and currently has a Rf [RISK FACTOR] of having in portfolio of +0.696 [with the norm being +0.722].... Observation: RIV can be "volatile" in changing markets.... Something to look at [and analyze] IMHO.... Disclosure: Some of us have a current position in RIV with some CapGain already taken this year. FWIW; The daily chart for RIV shows it has been rising in a tight rising channel since early november. It is mildy overbought at this time, but many securities can stay overbought for a very long time. It might not be a buy & hold candidate because of its history of swinging with the market, but it should be a hold thru an economic expansion. I don't own any yet, but I think I will put it on my watch list. |
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Post by xray on Feb 15, 2021 20:40:41 GMT
uncleharley , Currently RIV income investors are either invested [somewhat] or have it on their watch lists. The current distribution [11.85%] will bring in some new investors who will take a "initial" position [0-2%] for their portfolio's IMHO. None of us can ever predict the market or where the market will go next. Some of us thought the market was overheated but the analysts have mixed thoughts of where it is headed next. My current data [COB Friday] indicates that income investor continue to look for income [>8%] as some protection against any market decline where CapGains will again become scarce [when investors again flee the market]. It is my contention [sole opinion of course] that the better CEF's [currently with "very good" NAV's against their current MktPrc's (at discounts >1.06 math wise]] won't go down much [based on my previous historicals (other than any crash of course)] and the dividends and distributions [with portfolio averages currently >10%] will suffice for the length of the downturn. Normally, again based on historical's, the dividend percentage of our portfolio's should only lose approximately "2%".... RIV has had very good NAV performance since I became aware of it [only use 1,3,6 month charts to start any new positions], and since it is currently at a small premium, a entry point will be difficult. If it is of any help, my computer program shows "16.82" as a entry point [if/when]. One single opinion of course.... Live long and Prosper....
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Post by xray on Mar 9, 2021 20:16:33 GMT
GGT remains on the move [after a "very" long sleep in]. With that said....
Currently, my analysis [math] data indicates that it continues as a 10Star [max] performer and a 10star performer after many weeks now. GGT is about to go <9% in distribution [always distributing their distribution at $0.22/Qtr (0.88/Yr) in both good/bad times in historical reviews]. GGT was up $0.15 in MktPrc last week and $0.34 currently for the week. Risk to current portfolio's [for income] is currently +0.351 [>0.186 for normal Rf (risk) averages]. Intrinsic value is currently "up" +0.24 in last 2-wk period [COB Friday]. Something to look at and analyze to individual Goals & Objectives....
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Post by xray on Mar 14, 2021 16:57:40 GMT
CEF's took a big jump in MktPrc's this past week. With that said....
With the new money [stimulus] coming into the market this week, we could have another profitable week. This first Qtr has been "TOO GOOD" in ROI for a lot of us. Should this continue, our R72's would be within a 1-Yr period....
Looking at GGT [still 10star]:
Currently, my analysis [math] data indicates that it continues as a 10Star [max] performer and a 10star performer after many weeks now. GGT is 8.70% in distribution [has been distributing their distribution at $0.22/Qtr (0.88/Yr) in both good/bad times based on historical reviews since inception and separating from GAB]. GGT was up +$0.51 in NAV last week and +$0.62/sh in MktPrc currently for the week. Risk to current portfolio's [for income] is currently +0.504 up from +0.351 [>0.186 for normal Rf (risk) averages]. Intrinsic value is currently "up" +0.25 this past week and up from a previous +0.24 in last 2-wk period [COB Friday]. There is a possibility [looking at the current data] that GGT might increase their distribution in June [going x-div 3/15]. Something to look at and analyze to individual Goals & Objectives before June [especially in any mkt correction IMHO]....
Disclosure: Some of us income oriented investors continue to be overweight [>6% of current portfolio's] in GGT with a current distribution [cost to yield price] of 9.72% [with a current CapGain of +3.5%] ....
Looking at RIV [10star]:
Currently, my analysis [math] data indicates that it continues to be a 10Star [max] performer. RIV is currently has a 11.58% distribution. RIV can sometimes be very volatile with changing market conditions. RIV was up +$0.26 in NAV last week and +$0.50/sh in MktPrc currently for this past week. Risk to current portfolio's [for income] is currently +0.333 up from +0.255 [>0.186 for normal Rf (risk) averages]. Intrinsic value is currently "up" +0.17 this past week.Something to look at and analyze to individual Goals & Objectives before June [especially in any mkt correction IMHO]....
Disclosure: Some of us income oriented investors continue to be at our Maximum phase #3 [6% of current portfolio's] in RIV with a current distribution [cost to yield price] of 12.19% [with a current CapGain of +10.0%] ....
Live Long and Prosper....
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