RE:RE:Laughable DFN IN GREEN TODAY..This is a leveraged split fund where the managers write covered calls to generate outsized returns. Despite multiple record market days, DFN is hanging on by a thread. And, it hasn't helped the NAV when the managers have paid the distribution during some months when it should not have. Just tread lightly here, the undercurrent can be strong. Imagine where this would be if we had a general market 10% pullback?
Levent14 wrote: Those are not junk Mr.Mouserman, no offence. Fed policymakers see just one rate cut this year, 4 cuts in 2025.
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