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BUYING RISKY BONDS-23%

April 6, 2017

GO TO CORE PORTFOLIO to see current positions.

We have been making good money in buying distressed bonds.  The recent sale of Intelsat gave us a huge return very quickly.  We have a big increase in the Sprint bond and we may be selling this in the near future to lock in profits.

Here is another super risky bond that we are buying.  It gives you an effective yield of 23% if held to maturity in April 2019…not that far away!!  Right now you can buy as few as two bonds.  These should be purchased with money that you could afford to lose-but we do not expect any problems.

CUSIP 26926XAB9

Mature April 2019

EV Energy Partners, L.P. engages in the acquisition, development, and production of oil and natural gas properties in the United States. Its properties are located in the Barnett Shale; the San Juan Basin; the Appalachian Basin; Michigan; Central Texas; the Monroe Field in Northern Louisiana; the Mid–Continent areas in Oklahoma, Texas, Arkansas, Kansas, and Louisiana; and the Permian Basin. As of December 31, 2016, the company had estimated net proved reserves of 12.6 million barrels of oil; 575.3 billion cubic feet of natural gas; and 33.4 million barrels of natural gas liquids. EV Energy GP, L.P. serves as the general partner of EV Energy Partners, L.P. EV Energy Partners, L.P. was founded in 2006 and is based in Houston, Texas.

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