PTY
PIMCO Corporate & Income Opportunity
Mentions (24Hr)
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$LQWC Abrimix (PTY) Ltd., LifeQuest partner, completes Effluent Treatment Plant (ETP) at previously announced Food processing plant in India
Pimco PTY 3.70% Expense Ratio -- Am I reading this right?
Why not maximize Roth IRA with closed-end-funds at 7-12% yield with DRIP? (I already max 401k + 457b with SPY/VTI)
Reservoir Holdings(ROCC) Files form 8k Mentioning they are in discussions with NFT market places and Serenade Sound to explore issuances and monetization for their IP
Mentions
PIMCO PTY has beat SP500, with Dividends reinvested over last 25 years. It can be done with various methods. But 99.9% of people, including professional Money managers can’t beat SP500 over longer time frames.
PTY. Typically yields 6-12% depending on the rate environment and NAV. Currently sits around 10%. Unlike PDI. It has a 30+ year track record and I believe it possibly was outperforming the S&P 500 over that span with reinvestment for at least most of it. But I only remember reading that somewhere and could have been awhile back ago. So don’t quote me on that. These type of funds do have risk and junk bonds. Obviously you don’t get a yield like that otherwise. So just bear that in mind.
Guys can we leave a 1 star review for my former employer. Ace Investors PTY LTD
Does anyone know who the bald guy on the yahoo finance page is? They always use that guy and his faces are hilarious [https://s.yimg.com/uu/api/res/1.2/U3\_.sQvh31gzV.9c0c8MPQ--\~B/Zmk9c3RyaW07aD0zNjk7cT04MDt3PTY1NjthcHBpZD15dGFjaHlvbg--/https://s.yimg.com/os/creatr-uploaded-images/2025-04/8784f1d0-1610-11f0-9bff-79142b4bbc7c.cf.webp](https://s.yimg.com/uu/api/res/1.2/U3_.sQvh31gzV.9c0c8MPQ--~B/Zmk9c3RyaW07aD0zNjk7cT04MDt3PTY1NjthcHBpZD15dGFjaHlvbg--/https://s.yimg.com/os/creatr-uploaded-images/2025-04/8784f1d0-1610-11f0-9bff-79142b4bbc7c.cf.webp)
Not trying to make you feel bad. It's just that PTY is a complicated investment and it's hard to give advice without knowing your level of understanding. It is an actively managed closed end fund and trades at a premium to NAV. It can rise and fall beyond the movement of the leveraged credit portfolio it holds. It has 0.74% expense ratio. Investing purely for high yield is not a good way to choose investments in my opinion. PTY is not a bad fund if you want to diversify risk exposure from equities into leveraged credit. But I don't think it should be the center of a portfolio unless you have some strong view on credit or really like PIMCO's management or you're actively trading the premium.
You didn't say what the rest of your portfolio is (if any). If all it is is the PTY and cash, I sure as hell wouldn't put more in PTY, you're way too overweight PTY as it is.
The 10% dividend yield and the monthly dividend were appealing to me because it offered more flexibility. I received 100k in a divorce settlement in 2021 and I wanted to invest the money while I prepared to use it on the downpayment for a house. Then the housing market exploded and I couldn’t afford anything. I invested the 100k in GAB, USA, and PTY.
Why do you own PTY over other more standard investments? Do you know what it holds? Do you know its current premium to NAV?
FLUSH DOWN AND JOIN THE PTY TSLA YOU DUMB LIL cunt muffin
Read and understand all the free information provided by Morningstar. I look for well managed 5 star funds that have a track record extending through multiple large downturn in the markets. Two of the higher yielding funds I hold are: MPV 9.40% https://www.morningstar.com/cefs/xnys/mpv/chart PTY 9.98% https://www.morningstar.com/cefs/xnys/pty/quote
https://s.yimg.com/ny/api/res/1.2/DZaDvPsk_sHAzP8Ns404qA—/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTYxNg—/https://s.yimg.com/os/creatr-uploaded-images/2024-10/305d51e0-96f9-11ef-affd-084b1c8aa6c6
Preferred stock with high dividend yields, bonds, high yield junk bond etfs with long track records, utility companies, BDCs, materials companies are all defensive investment approaches that work for different reasons. Most of these trade within a narrow range so they hold their value in a down market plus have high enough dividends that you can still get growth if you reinvest them. These are especially good in an IRA. They are defensive investments that usually outperform bear markets. Because I am relatively close to retirement I have one of my Roth IRAs entirely invested like this (in UTG, ARCC, MCI, and PTY). It still did over 10% last year. It is unglamorous but will likely double in value over the next 8 to 10 years and then provide significant tax free cash flow from dividends in retirement. The last chapter of investment requires different strategies than the earlier ones because you don't have enough time to recover from a black swan event if you aren't diversified between offensive and defensive strategies.
MAG-7 is a pump-action shotgun manufactured by Techno Arms PTY of South Africa since 1995
I’m not a financial advisor so this is NOT financial advice so you need to do the work or subscribe to a good inexpensive financial newsletter like income factory By Steven Bavaria with returns In the 8 to 12% anual returns. I’d like to give you some of his picks but I’d probably get my sub canceled. You can look at dividend aristocrats which raise their dividends year in and year out like ETF NOBL. Another more expensive newsletter is capital Exploits by Chris Macintosh which focuses out of favor stocks ie asymmetrical bets to the upside that can takes several years to payoff but they also have a high dividend list as well. If you’re young, you also have to have the stomach to withstand the ups and downs of the market. As long as the dividends/distributions remain good and you’re reinvesting those returns, you can buy more shares at a lower price. For example, I bought FRO at $14 and it went to 24 but now it’s down to 15. I don’t care, it’s still paying me around 12% and the fundamentals are still great and I can buy more shares at a lower price. I have a 5 year investment horizon so what happens week to week or month to month is not something I worry about. To quote Wayne Gretzky, I don’t skate where the puck is, I skate, where the puck is going. Might look at PTY or MFIC as examples of CEFs. Good luck, Bill.
High yield savings account interest rates will fluctuate as the Fed changes rates. They’ve recently begun loosening/cutting rates, which means your high yield savings account’s interest rate will begin to go down. If you’re looking for reliable income (and can stomach minor price fluctuations) there are a number of options out there. PSK is a highly rated preferred stock etf that yields 6%. PIMCO has a bunch of income ETFs. I like PTY, which has riskier bonds and yields 9.75%. Golub Capital’s stock, GBDC, yields 10.45%. They’re an incredibly successful middle market lender. Of course you don’t have to use any of those specific examples. My point is that there are some very liquid, safe, higher yielding opportunities for income. Bear in mind that their prices will fluctuate, so if you need to pull your money out for an important purchase or bill sometime soon then you could be pinched. Happy to go deeper or answer any questions. Good luck out there!
Pimco corporate opportunity (PTY) is pretty stable on price, plus it gets around 10% per year dividend that is paid monthly
[Tim cook be like](https://s.yimg.com/ny/api/res/1.2/2rFMGRhc3CTmSFhwAFnplA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQ1Mg--/https://media.zenfs.com/en-MY/homerun/businessinsider.my/6fee6b7d786c2eb94633018a5ea627a0)
Tim Cook be like https://s.yimg.com/ny/api/res/1.2/2rFMGRhc3CTmSFhwAFnplA—/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQ1Mg—/https://media.zenfs.com/en-MY/homerun/businessinsider.my/6fee6b7d786c2eb94633018a5ea627a0
https://s.yimg.com/ny/api/res/1.2/PdnLS.PGkO6rQq8YRP6nJg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQ2NQ--/https://media.zenfs.com/en/us.finance.gurufocus/8e05d74660ad6e35709bc483 actually, Prem Watsa has more than 4 million shares. TIL from google spying on me fed this after I searched blackberry and motivated myself to lose 20 dollars buying 100 shares
Every time I see you people type DFV or RoaringKitty, I can't get this shitty actor's stupid face out of my head since I watched that ass movie https://s.yimg.com/ny/api/res/1.2/3a_8sRPfbaCi9NpW6sW1EA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQ4MA--/https://media.zenfs.com/en/insider_articles_922/f09a17e182c0f18bf3ee74d775c02810
Tomorrow would be a good day to buy junk bond ETFs like PTY or MCI, lock in your 9% dividend yield, and then sell next year when the fed is done cutting interest rates and bond prices are up. A boring but effective way of making money.
Start with something simple and stable that PTY it will pay you every month 9.59%
Something like PTY or MCI that have long track records, pay out a high dividend and will also have appreciation as interest rates fall.
You could but it would be challenging and more work than retirement. I would wait for a market pullback and buy cefs with 15% yields. I know because I've tried it. You have to pay attention to trading ranges. Most cefs go back and forth the same ranges + or -20% to 25% so your 200k portfolio could easily drop if you buy too high. You want to buy near the low to lock in maximum yield on cost and protect principal. You could also get a part time or full time job and just the distributions accumulate all year. A nice cash buffer against adverse market moves. For example, if you invest in cefs and lock in a 15% portfolio yield,if you let your total portfolio just accumulate distributions for 12 months, you've reduced your total portfolio breakeven by 15% I also like etfs like SVOL when it retests the 21 range, it generates a 17% yield It would be better to wait for a major correction to lock in a high yield on cost and protect your principal. For optimal returns, trading cefs works. For example, when PTY is 12/share and under, it's a buy. When it approaches the 14.80s, a sell. When CHI is 10/share and under,it's a buy. As it approaches $11/share,a sell. When ECC is under 10/share, it's a buy and yields 19 to 20%. When OXLC is below 5/share, it yields 19-20% When XFLT is in the 6 to 6.60 range, its a 14 to 15% yield with the potential to retest 7.20 or higher. You're sacrificing growth unless you trade these and the growth will be underwhelming. Thats why I've dumped most cefs and shifted to trading 3x leveraged index funds and Etracs income etns but I have a high risk tolerance. Despite their volatility-TQQQ ended up just under 200% last year. You can make your own yield. I'm focusing more on growth now. CEFs are highly leveraged and it's doable with 200k but very volatile unless you're willing to pay attention. Growth is more satisfying-believe me-when your portfolio is down 20%+, it makes you not want to spend the distributions . Some cefs are better than others. Most underperform the market. I love SVOL but it's risky. Minimal flucuation-all yield. In the 21 range, 200k would generate 34k a year.
You can't compare PTY and NDMO dude. They're nothing alike.
Granted the index hasn’t done well, but NDMI has done even worse. See https://www.morningstar.com/cefs/xnys/ndmo/performance and compare to another high yield CEF like PTY at https://www.morningstar.com/cefs/xnys/pty/performance
I'm not getting into my fundamentals, but my favorites that I own are O PTY AGNC TWO. All have excellent yields, and all should/could see between 20%-100% share price growth imo. I recently sold ARE but might re enter if it trades around 100 again.
[Mostly BRK.B](https://s.yimg.com/ny/api/res/1.2/Q6bdwlu9q4utT6d4dLhRHg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQ2NQ--/https://media.zenfs.com/en/us.finance.gurufocus/9537e2cae91f44adf61499e790cf5f74)
What really matters is the performance net of expenses. CEFs don't have dividends, they have distributions. Distributions are comprised of dividends, capital gains, and return of capital (giving you your investment back). There are many that say a CEF with a high distribution that is paying a large percentage of it through return of capital is a joke because you're really just getting your own money back. I'm not sure if I agree because you still have your shares and are still receiving money each month. Anyway, PTY has a VERY LOW percentage of return of capital. I'm a share holder and get the monthly report. It's less than 2% with almost all of it coming from dividends. Yes they use leverage. Yes that's expensive (less then if you used leverage because of their pricing scale). I don't care about any of that. I care about return. They have been returning a high distribution for many yrs and many market cycles. That's what matters. I use it as a share accumulator and one day will turn on the actual income.
Look at GBDC & PTY. If not them look at comparable choices
lol take a look at this chart. Completely different backdrop, i know, but this bear market declined exactly 27% as well, and the meltup after was furious, and is entirely possible. A straight vertical rally with no pullback. https://s.yimg.com/ny/api/res/1.2/YWNqxL.yNwgaRa3E8JFACQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MA--/https://s.yimg.com/os/creatr-uploaded-images/2022-08/3c15b5d0-11d7-11ed-adfb-156760ac2f6c
You make good points about how the consumer is not particularly hurting *now*. You do mention that the consumer is always hurting, which is fair. I do think that people have a genuinely reason that they are upset even though they don't do their due diligence and look at the actual data behind it. Here are some metrics: [Real hourly earnings](https://www.obserwatorfinansowy.pl/wp-content/uploads/2022/06/Figure-1.png) \- have only now just now gotten back to levels in the 1970s, and even then, just barely. [Income growth by bracket](https://public.tableau.com/static/images/In/IncomeGrowth_16705270504650/Dashboard1/1_rss.png)\- Richest Americans have seen their income skyrocket since the 70s. [Wealth inequality](https://anticap.files.wordpress.com/2018/02/wealth-inequality.jpg) \- Steadily increasing for awhile now. [Gini index USA](https://globalinequalityandhealth.files.wordpress.com/2015/04/screen-shot-2015-04-11-at-11-48-13-pm.png) \- Another metric showing inequality. Also note this is far higher than in most European countries ([source](https://worldpopulationreview.com/country-rankings/gini-coefficient-by-country)). [Labor share of income](https://www.brookings.edu/wp-content/uploads/2017/09/thp_20170926_thirteen_facts_wage_growth_fig1.jpg) \- Also down. [Middle class shrinking](https://s.yimg.com/ny/api/res/1.2/NE.1ab40oBUg9Bc3dt9KQg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MA--/https://s.yimg.com/os/creatr-uploaded-images/2022-05/96e02250-dac0-11ec-8dfb-6a3f79854b32) [Social mobility](https://www.economist.com/cdn-cgi/image/width=1424,quality=80,format=auto/sites/default/files/20180217_WOC744_0.png) \- Is worse in the US than in old world Europe, despite the perception that the opposite is true. [Issues with medical debt](https://www.simpletherapy.com/wp-content/uploads/2014/12/Screen-Shot-2014-12-23-at-9.49.10-AM.png) \- 68% of Americans who filed for bankruptcy cited medical debt as a contributing factor. 28 million Americans reported exhausting their savings on medical debt. [Global trend](https://weforum-assets-production.s3-eu-west-1.amazonaws.com/editor/Tvkf1fE7KasBTIGlv78BrJKad6FncJKO4luXuNCnE7I.JPG)\- Just in case there's any doubt that this is US-only. [Americans' trust in government](https://www.pewresearch.org/politics/wp-content/uploads/sites/4/2022/06/PP_22.06.03_ViewsOfGovernment_topic.png) \- Not an indicator in and of itself but not hard to imagine why this may be. The last source is demonstrative of my broader point. People are saying "dude people are hurting right now", even though the macro data don't necessarily support that, as you've illustrated nicely. Still, perhaps there is a broader trend that is causing people to interpret certain "newsworthy" indicators like high inflation as causing great harm to the average citizen. I'm not saying they're necessarily right. What I am saying is that, when you respond with "no that's not true", I think you may miss a broader point. As always, my pessimism is not really related to any short-term factors but rather the long-term path we are on.
Please go to a bear safe zone or you might suffer great injury in the process. No before covid people were already piling up debt. The lower savings rate is a bit more of a sign that people have less disposable money but the relation is not even there tbh so idk why anyone would put those graphs in one picture as the people saving aren't those who pile up credit card debt. The best this shows is debt is piling up as it ever did but inflation puts stress on the middle class to spend savings or invest before they evaporate to inflation. Wouldn't say it indicates anything really as in 2008 it also meant nothing. [https://s.yimg.com/ny/api/res/1.2/c.15FlIsXkWfP41dz0RbVQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MA--/https://s.yimg.com/os/creatr-uploaded-images/2022-05/004b4a00-ddc6-11ec-8fbc-16b9fed9d9cd](https://s.yimg.com/ny/api/res/1.2/c.15FlIsXkWfP41dz0RbVQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MA--/https://s.yimg.com/os/creatr-uploaded-images/2022-05/004b4a00-ddc6-11ec-8fbc-16b9fed9d9cd)
You actually didn't mention that. All of my main recommendations would be stocks, including some preferred stocks. :D Sorry about that. Off the top of my head here are a few: BSTZ (to play the tech recovery and make dividends while you wait) PTY THW SCHD is a fave around these boards, and its total performance isn't terrible.
Also just saw some news about how SPEYF “executes agreement for lithium offtake with Richlink Capital PTY LYD.” sounds like great news to me!
I’m not sure what you mean by rating, do you mean Morningstar rating? Some interesting funds are, from PIMCO: PTY PDI PDO and Nuveen has NBB, but in general you can look up levered bond CEFs online and see if there’s something you life. Two main points imo is to check long term NAV through cefconnect and check the ROC in cefdata. If the fund has a long track record of stable dividends, do not pay you back your own capital and no long term erosion of NAV imo it’s def worth a consideration
I do not agree because the dynamics of QYLD and leveraged bond funds are not similar. Dividends of bond funds seem to be remarkably same over very long periods. PST has been giving our same (or similar) dividend since dot com crash. To put it in other others, bond CEFs had a yield inversely proportional to its NAV (share price), in QYLD it’s directly proportional I.e. when share price falls, you make the same or similar amount in PTY, PDO and NBB, however your make proportionally smaller amount in QYLD which makes bond CEFs very attractive to me during market volatility
Put it in PTY and collect $10k per month in dividends.
Looks good. Don't know much about PFLT. Have a look at IEP, USA, MAIN, O, plus PTY for high yield without much growth. At your age you can afford to take slightly more risk.
BCX, PDI/PDO/PTY, OXLC maybe. All monthly dividends, all on sale right now. Or perhaps covered call ETFs like RYLD. Depends on your location of course, as well as your timeline, but real estate isn't looking good for the next few years here in NZ. Apparently US not looking great either at the moment. I have a decent property portfolio and always looking to scale further, but not buying in the current climate. I may also be skewed in my thinking - I'm nearing retirement. But if you're looking for income and potential growth, dividends on sale might be a way to go.
This is [quite common](https://s.yimg.com/ny/api/res/1.2/1EFgvLX.0waPah.rw6lQsQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTM3OQ--/https://s.yimg.com/uu/api/res/1.2/L9EmRq26jKPRJFvD.dvx6w--~B/aD00NDE7dz03NDQ7YXBwaWQ9eXRhY2h5b24-/http://media.zenfs.com/en/homerun/feed_manager_auto_publish_494/de12d0c61853d30ce52bff2c0cacfddd)
[Where do you think we are?](https://s.yimg.com/ny/api/res/1.2/8qH.ok2JBSA48AwCtIiV8w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtjZj13ZWJw/https://media.zenfs.com/en/fx_empire_176/76bd9b27a0941dbc34f11db0eab53e03)
[Gonna have to break out the hat on Friday at this rate](https://s.yimg.com/ny/api/res/1.2/ZtYlZGrRuq4LVtParHAZ5w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQyNw--/https://s.yimg.com/os/creatr-uploaded-images/2020-11/14c84030-2e88-11eb-9dfe-87315f4ff00a)
Yes, NFT .... Of all used books, used CD only Amzn was successful. A day like today my IEP (15.4% yield), QYLD (14.8%), APAM(11.2%), PTY(9.87%) ... they lose -0.9 to -1.4% Fri vs SPX which saw -2.23% loss. Gold, Gold streaming, Crpto did nothing to hedge fall. PS: Precious metal stopped hedging since Covid. Unaware of corp bond how welll they do today. Looks like they dipped 0.05% and some bounced up. Looks like unaffected like stocks YTD.
[Jack Black](https://s.yimg.com/ny/api/res/1.2/1ERxcqwYidOWOFNscozFog--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQxOQ--/http://33.media.tumblr.com/1bcf87bf5076e717350f7bc2942333a6/tumblr_inline_o22uboTcoi1tvm1vp_540.gif)
PTY, pays something like .12 per share monthly.
>Why not pick the clear winners in addition to the market as a whole? MS and Apple aren’t going anywhere anytime soon [How many of these companies look familiar?](https://s.yimg.com/ny/api/res/1.2/oFXZmb8nzi7MlkUz_jAShA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MA--/https://s.yimg.com/os/creatr-uploaded-images/2021-05/db5057d0-aaaa-11eb-9b3f-1cd0b93461e4)
Shawcor Ltd. (TSX: SCL) today announced that its pipe coating division has received a formal notice to proceed from SAIPEM AUSTRALIA PTY LTD for the Scarborough Project, located offshore in Australia's north-west. The Scarborough gas resource is located in the Carnarvon Basin, approximately 375 km west-north-west of the Burrup Peninsula in Western Australia. The Scarborough gas resource will be developed through new offshore facilities connected by an approximately 430 km pipeline to a proposed second LNG train (Pluto Train 2) at the existing Pluto LNG onshore facility. The Scarborough reservoir contains only ~0.1% carbon dioxide, and together with the adoption of highly efficient and proven technology in design at Pluto Train 2, the development will be amongst the lowest-carbon intensity LNG sources globally for delivery into North Asia. The first cargo is expected to be delivered in 2026. Shawcor Ltd. had, in February 2020, signed a contract with SAIPEM AUSTRALIA Pty Ltd, conditional on a final investment decision [FID] by the Scarborough Joint Venture, which was taken on 22 November 2021. The contract is a large project for Shawcor that will include provision of internal, anticorrosion, and concrete weight coating services to be executed from Shawcor's Kabil, Indonesia facility commencing in the fourth quarter of 2022, with delivery continuing into 2024. About Scarborough The Scarborough Joint Venture comprises Woodside Energy Scarborough Pty Ltd (73.5%) and BHP Petroleum (Australia) Pty Ltd (26.5%). Woodside and BHP announced on 22 November 2021 that a final investment decision has been made by the Scarborough Joint Venture to proceed with the Scarborough Project. About Shawcor Shawcor Ltd. is a growth-oriented, global material sciences company serving the Infrastructure, Energy, and Transportation markets. The Company operates through a network of fixed and mobile manufacturing and service facilities. Its three business segments, Composite Systems, Automotive & Industrial and Pipeline & Pipe Services enable responsible renewal and enhancement of critical infrastructure while lowering risk and environmental impact. For further information, please contact Meghan MacEachern External Communications & ESG, Director Telephone: 437.341.1848 shawcor.com A large project is defined as a contract award with a complete scope valued in excess of C$100 million
I drip bond CEFs yielding 5-10%. Prices have dropped so now is an excellent time to drip and buy. I recommend PTY yielding 8.8% and PDI yielding 10.3%.
Slow and steady wins the race. Ne strategy that works: buy well-covered dividend/distribution stocks, collect the money as you wait for growth. AGNC, DX, NRZ and PTY are REIT companies that pay fat dividends. EPD and MMP are natural gas infrastructure stocks that reliably pay 8% or better. Undervalued too. KO only pays 3% but is a slimmer, more focused behemoth than it was pre-Covid (when it hit $60). Buy at $53, collect $ and watch it go back to $60 and more. HD is aldo a great company. And look at no-dividend stocks like AMZN. With its culture of innovation and cloud-based services (AWS), do you think they will be much more valuable 5 years from now? I do. Forget options on companies with silly valuations. Or ignore this sober (well, 4 beers) Sunday advice and post more loss porn. Folks here live for it.
PIMCO Corporate & Income Opportunity Fund, PTY is a fixed-income CEF, it invests in bonds, PIMCO reputation is of being wise stewards of shareholder's capital and making decisions that are best for the long-term total return. What is best in the long-term, isn't always popular in the short term. An example of this is when they recently cut the dividend. (Currently 7.94%) after the reduction in the dividend, short term investors bailed on the fund driving it's price down, Today, the yield is close to where it was before the distribution reduction so any downside risk should very limited, creating a buying opportunity to get one of the best managed income funds at a discount.
PTY. Great track record and paying a dividend of 7.94%
My long term money is on PTY with a 7.40% dividend. Just saying
[🐪](https://s.yimg.com/ny/api/res/1.2/nFnzUZ7P84inpBOVeb4SHg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTEwNDEuMzU1OTMyMjAzMzg5OA--/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-uploaded-images/2019-09/7fddcc50-dfce-11e9-bfaf-3af86d47973e)
My position in PTY took a $450 shit at close today and then I see a post like this and remember everything is going to be ok 👌🏼
My best performers are the most boring: LIT, BRX, AGEPX. I recently swapped most of my BRX for PTY, for the higher dividends. I've been holding DVAX for a long time, it was down by over 80%, but now it's back up nearly to where I bought it, lol! If I didn't own so much trash, my portfolio would have better performance.
[Some solid dd here ](https://www.grandviewresearch.com/industry-analysis/sex-toys-market) The global sex toys market size was valued at USD 33.64 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 8.04% from 2021 to 2028. Increased spending capacities and improved standard of living in developing economies are the factors expected to drive market growth during the forecast period. Novelty adult products are gaining a mainstream position in the sexual wellness industry with their growing popularity amongst all age groups. Acceptance of the LGBTQ community and growing interest among women towards experimenting with sexual wellness products without hesitation is promoting the adoption of such products and hence, driving the market growth. Liberalization, penetration of social media, and the influence of pop culture have resulted in increasing awareness about the importance of sexual health. Moreover, the nonexistence of manufacturing regulations for sex toys allows the manufacturers to develop female and male-centric products without any restrictions of reporting the material or chemical used in the products. Manufacturers are thus at liberty to develop a large number of products under the label of novelty toys. Products such as vibrators, dildos, e-stimulators are widely used by both the gender for sexual stimulation. One of the growing trends in the sex toys industry is the adoption of cutting-edge technology for the development of innovative products. Virtual gadgets, remotely connected devices, robots, immersive entertainment, and augmented reality are factors expected to change the landscape of the market in the coming years. For instance, EXOLOVER PTY LTD. is an Australian startup that develops adult novelty devices using blockchain technology, allowing remote interaction and sharing real-time intimate sensations.
Compared to Space X it is a bit of a clown show, lets be honest. Here they are with their sexy space outfits lol https://s.yimg.com/uu/api/res/1.2/F4JhTP4Bx5MeafEUpw..tA--~B/Zmk9ZmlsbDtoPTQzMzt3PTY3NTthcHBpZD15dGFjaHlvbg--/https://s.yimg.com/os/creatr-uploaded-images/2021-07/0f928eb0-dade-11eb-adf9-f62dbecc4e41.cf.webp
Check out Pimco closed end funds PTY is my guy
Im 90%+ in high yield div stocks, ETFs, preferred shares and baby bonds. I’m holding 5% dry powder for big down days buy opportunities ($NEWT last Monday, HFRO, PTY and AXON this week) During the covid collapse I held and bought on the recovery. Up 70% from a year ago.
>PTY What's the deal with PTY? Starting to look like a rinse/repeat pattern.
Just boarded YYZ to PTY, anxious about missing the market & also because flying is my biggest fear. Pray for me stonk bros 🙏
Just boarded YYZ to PTY, anxious about missing the market & also because flying is my biggest fear. Pray for me stonk bros 🙏
A lot of those don't sound so great. SCHD in particular is not the greatest dividend play, especially in this overbought market. You're not Warren Buffett, who generally concentrates in super-safe stocks and has increasingly made mistakes over the last couple of years. Have you learned about CEFs and other types of non-ETF funds? Check out PTY, PSLDX etc. I'm fact, during a normal market, one strategy you might try is rising through CEFs as their NAVs rise and fall. Another strategy is dividend capture. It's not for me, but with attention to detail is one way to grind. The wheel strategy, used optimally, will generally net about 15% of premium.
Wisdom ^^^ My PTY, PFN, SCM and AWP all pay monthly dividends and have appreciated in value. I signed up for DRIP in my 401k so I get more shares every month. I sometimes feel guilty (but then I let that feeling pass :)
Checkmate: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=2011&firstMonth=1&endYear=2021&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=0&absoluteDeviation=5.0&relativeDeviation=25.0&reinvestDividends=true&showYield=true&showFactors=false&factorModel=3&benchmark=-1&benchmarkSymbol=SPY&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=PTY&allocation1_1=100&symbol2=PSLDX&allocation2_2=100&symbol3=GME&allocation3_3=100
They do. They are very good at what they do and have been for many decades. Ugly link just for people who may want to look at the past decade: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=2011&firstMonth=1&endYear=2021&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=0&absoluteDeviation=5.0&relativeDeviation=25.0&reinvestDividends=true&showYield=true&showFactors=false&factorModel=3&benchmark=-1&benchmarkSymbol=SPY&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=PTY&allocation1_1=100&symbol2=PSLDX&allocation2_2=100
They operate some pretty interesting funds. PTY is a gold standard bond fund. PSLDX is an incredible equity/bond fund. Check out their returns. Especially the latter one, which is basically an actively traded S&P fund that uses bond lending to their advantage. I do not like bonds much either. Yields are low and current bond prices mean if rates organically increase current coupons will simply decrease in value.. Government bonds are simply a losing proposition by design now. But. Pimco makes people money. Generally considered the best bond investing company on the globe. They are highly adept at using corporate bonds to their utmost, and even use government bonds to boost the hell out of normal equity returns. Your typical finance professional has a high opinion of Pimco. It's a shame people don't come across their name that often.
Scrolled down far to see Pimco. Some of their bond funds have beaten the market. It's a weird way to play it, but damn are they good at it. PDO doesn't seem prime to me. I think it'll offer good dividends but may not repeat the excellent performance of PTY. That said... They're damn good at bonds. Masters at it. Even some of their mutual funds are wildly impressive. They also offer good analysis of the future. To use bonds to beat the market, over the last decade... that takes real skill.
I don't like normal bonds either. However, I do own some CEFs with good (and long) histories. They drawdown hard due to the leverage used, so it is just because the funds are good that I own them. PTY, HYT, and a couple other CEFs that are equities/bonds mixtures. Some are 8-9% with solid dividend histories, so in fact drawdowns can be good. I don't use margin myself but I am okay with professional bond managers doing it. Bond market is deep and wide, I trust them to manage it better than I could. Used to, you could get risk free or very low risk bonds yielding 5% when the market was returning like 7%. They made a lot more sense then. Due to the actions of the federal reserve... they don't *want* you owning bonds right now.
Look into PTY. they are more aggressive but they pay nicely. Good 10-15% allocation with DRIP would help you to get little bit more passive income then usually
I am sitting in PFXF, PTY and VGT
Been trading stocks since 2014. Biggest thing is “what is your risk tolerance” Instead of doing anything crazy with your 10k, put it aside into something like PTY stock and enable DRIP (dividend reinvestment without paying tax). You are guaranteed to make steady 12% year after year. In this market though, where average spy return is 20%, invest into tech. DO NOT YOLO INTO OPTIONS
Allocate 80% of your portfolio to passive income stocks if you need side cash (PTY yields about 10-11%). They hold corporate bonds AA and some BBs and pay pretty well. Otherwise tech sector such as PayPal, Cisco, T-Mobile, Verizon, Apple, nflx, etc
I did that today! Well not at a loss, but sold half my PTY and a third of my RBLX to buy those tasty dips in GME and AMC.
Besides market wide ETFs, - RTH (Retail) - UFO (Space) - XAR (Defense/Space Exposure) - XLV (Healthcare) - PTY (Corporate Bonds) - BIZD (Private Equity) - CHY (Mezzanine Capital) I'll add others if I remember.
NLY, PTY, ARCC, APAM, ENB, XOM some Canadian CD etf pay mostly 8% interest but you need to have an account in Toronto.
Corporate bonds are generally decent investments, just look at PTY
Corporate bonds exist too. PTY, HYT. Nice funds.
They're interesting (especially after 2020) but I agree with others most people shouldn't bother with such vehicles. If you buy company stock you're already buying a leveraged vehicle (provided the company has any debt). Very different things but similar enough to if a company has its borrowings called, say, in disaster. Companies can usually manage leverage ratios. This fund cannot--at all. I do find CEFs to be interesting. Many of them also use leverage or even issue preferred shares. Drawdowns can be hard (see PTY), but the good ones recover and track NAV closely enough. With the added benefit of very high yields after the drawdown which you can take advantage of. I'm more comfortable with that than a leveraged ETF.
Pimco. Nice to see their name. PTY has long been a beast.
Not a recommendation, but you can try PTY, FRA,