PIMCO Strategic Global Government Fund (AMEX:RCS)
A non-diversified closed-end management investment company.
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I wonder how foreign countries will honor their bonds
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It is a consistent high dividend payer. It is a closed end fund with low expenses. It is run by one the greatest bond managers and his team. I have been in this for many years and it has evened out many a high risk speculation. It is perfect as a base stock for an IRA.
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Pays a dividend every month...currently at 8% annually. This is a closed end fund, making it a better bet than a mutual fund , and year to date has lost only 1/2%.
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This is a well-managed close-ended bond fund that has proven it can generate reliable, market beating returns regardless of the interest rate environment. Use the recent downturn in price to buy in.
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