Tag: rebalance
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Profit taking to take advantage of some losses
Yesterday I wrote how I closed out positions in two PIMCO funds. Specifically I closed out symbols PCKTX and PONPX. The money from those funds went into two closed end funds also from PIMCO. Those symbols are PCN and PFN. You can reference yesterday’s post for more details. The value of those funds declined significantly […]
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The great rebalance
I made all my moves and hopefully I have things better balanced with less risk for my High Yield Portfolio. The yield is still high but at more moderate at about 8% versus the 12% in the prior mix. The safety of the dividends and distributions are much safer although still at a higher risk […]
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In the wake of Hoegh LNG Partners dividend cut
I almost pulled the trigger on selling off my holdings in Hoegh LNG Partners until my cooler head prevailed. Let’s hope I made the right decision. After the announcement of their 98% dividend cut investors were dumping their shares and the stock price opened today at $7.05 down from $17.87 at the close yesterday. That’s […]