For those of you who would like to take advantage of our Luck O' the Irish SALE but prefer not to make payments online, you are welcome to send us a check or money order in the amount of $114.12 for a 3-year AD-FREE Premium Service Bundle or $190.20 for a 5-year Bundle. Make checks or money orders payable in US funds to "Investor Village" and send to: Investor Village, P.O. Box 2958, Marrero, LA 70073.
As many of you know, we operate on the honor system around here. So, in closing out our Luck O' the Irish SALE, we wanted to advise those of you who plan to pay by check or money order that you can send a PM to Admin informing us of your intention. We will then upgrade your account for 7 days, allowing you to enjoy our ad-free premium service now and giving you a reasonable amount of time to get your payment in.
FYI - Weekly CEF Roundup: Boosts And Cuts In Pioneer Funds by Stanford Chemist
Article/news is a little stale, been really busy lately, but thought it might be useful for those who may have these funds on watchlists and aren't aware of changes in the distributions:
These are sorted in ascending order of distribution change percentage. Funds with ex-dates in the current and in the next month are included. Note that changes of less than 5% are not listed as those are considered to be minor. Any distribution declarations made this week are in bold. In this week's edition, I've also added monthly/quarterly information as well as yield, coverage (after the boost/cut), discount, and 1-year z-score information for newly added funds. However, note the yield, coverage, discount and z-score information will not be updated every week. I've separated the funds into two sub-categories, cutters and boosters, arranged in descending order of distribution change magnitude.
Cutters
-17.4%: (HNW) Pioneer Diversified High Income Trust cuts from $0.115 to $0.095 monthly (ex-date Nov. 15; announced Nov. 3). Yields 7.23%, coverage 112%, discount -9.32%, z-score -2.2 (as of 11/10).
-11.4%: (MMV) Eaton Vance Massachusetts Municipal Income Trust cuts from $0.0438 to $0.0388 monthly (ex-date Nov. 10; announced Nov. 1). Yields 3.50%, coverage 120%, discount -11.27%, z-score -2.2 (as of 11/3).
-7.6%: (GIM) Templeton Global Income Fund cuts from $0.0144 to $0.133 monthly (ex-date Nov. 14; announced Nov. 1). Yields 3.54%, coverage 223%, discount -11.14%, z-score +0.4 (as of 11/3).
-11.1%: (FHY) First Trust Strategic High Income Fund II cuts from $0.09 to $0.08 monthly (ex-date Nov. 1; announced Oct. 19). Yields 7.14%, discount -8.58% (as of 10/20).
-7.0%: (VTA) Invesco Dynamic Credit Opportunities Fund cuts from $0.071 to $0.066 monthly (ex-date Nov. 14; announced Nov. 1). Yields 6.81%, coverage 104%, discount -10.95%, z-score -2.5 (as of 11/3).
Boosters
+6.9%: (EVF) Eaton Vance Senior Income Trust boosts from $0.029 to $0.031 monthly (ex-date Nov. 10; announced Nov. 1). Yields 5.71%, coverage 70%, discount -9.33%, z-score -2.0 (as of 11/3).
+5.0%: (MAV) Pioneer Municipal High Income Advantage Trust boosts from $0.05 to $0.0525 monthly (ex-date Nov. 15; announced Nov. 3). Yields 5.53%, coverage 116%, discount -4.52%, z-score -0.3 (as of 11/10).
+5.0%: (MHI) Pioneer Municipal High Income Trust boosts from $0.05 to $0.0525 monthly (ex-date Nov. 15; announced Nov. 3). Yields 5.38%, coverage 105%, discount -8.66%, z-score -1.7 (as of 11/10).
*+4.5%: (EFT) Eaton Vance Floating Rate Income Trust boosts from $0.067 to $0.07 monthly (ex-date Nov. 21; announced Nov. 1). Yields 5.77%, coverage 101%, discount -7.27%, z-score -2.4 (as of 11/3).
*+4.4%: (EFR) Eaton Vance Senior Floating Rate Trust (boosts from $0.069 to $0.072 monthly (ex-date Nov. 21; announced Nov. 1). Yields 5.99%, coverage 103%, discount -5.00%, z-score -2.1 (as of 11/3).
*I know these are under the 5% threshold, but I still wanted to include them as boosters are few and far between these days...