Pioneer High, Inc.me Trust (AMEX:PHT)
Diversified, closed-end management investment company. The trust's investment objective is a high level of current income. The trust may, as a secondary objective, also seek capital appreciation to the extent consistent with its investment objective.
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28% premium!!!! Just requires a little patience until it craters.....
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The dividend on this trust is exceptional, and the growth potential is slow but steady. Overall, a good place to be...
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I like high-yield corporate bonds at the current time. I think the dividend income from PHT will make this a good investment.
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too much debt in the pipeline for high yield for it to keep value.
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