VIP CEF Fund Analysis

I made my money by selling too soon.     Bernard Baruch

It was a split day with the DOW and SPX closing in the red while the NASDAQ closed in the green.  Is the post-election rally losing steam?


Today I begin a new series focusing on the VIP Closed-End Fund Analysis (file B A3) in the 2016/2016 Playbook. These are the high monthly dividend payers (as of the date they were compiled), that have not lowered their dividend payment amount. 

Many in this group may be quality “Garden Growing” candidates. Since there are fifteen funds in this group, I am breaking it into three sub-groups as follows;

A. Closed-End Funds Equity (C A3) and Global (C A4)

B. Closed-End Funds PIMCO (C A6)

C. Closed-End Funds Convertibles/Income (C A7)

The updated VIP CEF Fund Report will be available in the “Members Vault” soon.
  
Here is the Performance chart for Group A, the Equity, and Global Funds.

GGN is the performance leader. Four of the five funds outperformed the SPX year to date.

Tomorrow, I analyze previous pullbacks and share what I am looking for with GGN to consider as a “Garden Growing” candidate.

Enjoy your evening,

David O. England

Plan your work, work your plan, and share your harvest!  1 Timothy 2:1-2

This information is for Educational purposes only. It shall in no event be construed or interpreted as an offer or recommendation to buy or sell securities of any kind.

DAVID O. ENGLAND is the founder of the Eye on the Market-Training Academy and Associate Professor Emeritus of Finance. This column is presented for educational purposes only and not intended as financial advice.

If you have a question or comment, contact David England at eyeonthemarket@outlook.com.


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