Post by
mouserman on Jul 11, 2024 1:18pm
DF unit nav realtime -= approx. $15.10
DF has, at this point in time , gained about 30 cents in the UNIT NAV.
Surprising to say the least. But might take a chance on thsi paying..
Comment by
flamingogold on Jul 11, 2024 2:16pm
This was a better buy mid $4. One may buy now and get the distribution but with the slightest market pullback and this gets whacked taking away the distribution and more.
Comment by
flamingogold on Jul 11, 2024 3:06pm
Not attacking LFE, just pointing out its trading pattern and trying to help others from getting trapped. Over $5 even when it's paying LFE has been a hard sell. Very much like DF now and lately DFN. For less active tradiers, these instruments are not the best place to park money.
Comment by
mouserman on Jul 11, 2024 3:16pm
Well i parked some LFE and could sell them today for more than i paid for them, forgetting the cap gain profits and distributions i got. But i get your point warning on LFE, to those are dumb enough to think any of these split fund commons pay big yields every month. But for swing trading tis been a dream and anything but a trap.
Comment by
flamingogold on Jul 11, 2024 3:39pm
I like to swing trade on DFN and DF from the mid to low $4's respectively and LFE from the high $3's. I am not an active trader so I need more cushion for comfort.