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Q&A With Paul Zemsky, Manager, ING Global Target Payment Fund: Video Presentation
This is a fund that I have owned for better than four years. As I had CDs that matured, in a low interest rate environment, this is one of the vehicles that I moved four positions of my twenty position CD ladder into. Over the past four plus years it has provide the target six percent distribution plus capital apperception of about two percent per year for a total annual return of a little better than eight percent. It is probably not for everyone but it has meat my expectations.
To meet its distribution target it uses four strategies. They are dividends form its stock positions, coupons form its bond positions, proceeds form its call writing strategy, and harvestings of capital gains from the selling of securities.
Thus far, I have been a happy camper with this investment vehicle.
Comments
This is a fund that I have owned for better than four years. As I had CDs that matured, in a low interest rate environment, this is one of the vehicles that I moved four positions of my twenty position CD ladder into. Over the past four plus years it has provide the target six percent distribution plus capital apperception of about two percent per year for a total annual return of a little better than eight percent. It is probably not for everyone but it has meat my expectations.
To meet its distribution target it uses four strategies. They are dividends form its stock positions, coupons form its bond positions, proceeds form its call writing strategy, and harvestings of capital gains from the selling of securities.
Thus far, I have been a happy camper with this investment vehicle.
I wish all “Good Investing.”
Old Skeet