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Re: Source of good CEF information? MFlover  06-13-2008, 11:38 AM | Post #2528089
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Chamois,

I looked at EVT and ETG. They both have a 25% leverage. Eaton Vance has recently got out of aution rate preferred and secured long term financing. I don't what kind of the interest rate (or increase of interest) they got. My worry here is that leverage usually adds to not only price volatilities but also risk of capital loss. The management teamhave done very well in OEFs. Anyway, how do you look at the leverage?

SOR also has a 12% leverage but I guess I trust and know the manager pretty well.

Gerry,

Out of your holdings, which are the funds that you believe are consistant performers that pay quarterly/monthly dividants?

Topics Eaton Vance interest rate leverage preferred volatility View Complete Thread
 
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