November 5, 2019. FIV First Trust Senior Floating Trust found in our Core Portfolio has cut the dividend 4 times in 2019. And worse, this fund works in a RISING rate environment, not the decreasing environment that we ARE currently in.
Even tho investors are pouring money into this thing and the charts look good, FIV will eventually bite you in the ass. We just got a dividend and we do have a small positive Total Return when you add in the dividends. Now is the time to get out. SELL.
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