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Global Diversified Investment Grade Income Trust II GIIZF

Global Diversified Investment Grade Income Trust II is a closed-end income trust. The company provides an economic interest in an equity tranche of a credit default swap agreement. It offers services such as portfolio management, financial planning, tax planning, banking solutions, insurance products and annuity, and complementary services among others.


GREY:GIIZF - Post by User

Comment by spazzmanon Dec 18, 2011 4:26pm
285 Views
Post# 19333154

RE: next week

RE: next week I am more interested in seeing GII.un new N.A.V. now that 2 creditors have defaulted.  Is it still 55¢? 
With the last credit note in some implied jeopardy I want to see what if anything GII.un is still worth.    


I sold my position of GII.un in August, but was planning to buy back after the November 30 "D-day" as JReynolds called it in a recent post.   I am wondering if any investors felt once November 30 pasted by that      GII.un was safe from any "credit event notices"? and thereby GII.un had dodged a bullet?  
 That GII.un had failed to properly inform investors of the impending risk once the November 30 had pasted.  Any thoughts?


 The next expected reporting period is around January 13th when the December dividend should be declared at
.0175/share, Ex-div Dec. 28 and a pay date of January 16th 2012  Assuming no further credit events in Credit Exposure C.  Until GII.un declares anymore information I am holding off buying, looking for more information! 



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