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Re: Muni CEFs VGM VMO & PMOCareful with VGM and VMO. As of 09/30/19 both had significant negative UNII balances. According to the Invesco CEF stat sheet, both had -$0.06 UNII. Negative UNII very often translates to dividend cuts, which in turn translates to sell orders by retail holders. Double digit discount is the best time to buy Invesco CEFs. Link: October stats for Invesco have not yet been released. PMO is more opaque since Putnam rarely reveals any useful CEF data other than their annual and semi-annual reports. GBAB is an entirely different animal as it is a taxable muni CEF. |
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Msg # | Subject | Author | Recs | Date Posted |
48471 | Re: Muni CEFs VGM VMO & PMO | hendi_alex | 0 | 11/18/2019 12:28:34 PM |
48472 | Re: Muni CEFs VGM VMO & PMO | rlp2451 | 0 | 11/18/2019 12:33:46 PM |
54674 | Re: Muni CEFs VGM VMO & PMO | bankbuyer | 1 | 9/29/2021 7:46:21 PM |