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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.

NOW IN OUR 7TH YEAR. NOTE TO NEW READERS:  Before you buy anything we discuss here, GO to the Core Portfolio tab to see a CURRENT listing of holdings. This “free” blog is designed for investors seeking income by using preferreds, BDCs, REITs, baby bonds and corporate bonds. Don’t forget to hit the like button. Go Here For “About Our host WordPress is running ads in the blog. We receive NO compensation from this advertising.

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