American Select Portfolio, Inc. (AMEX:SLA)

CAPS Rating: No stars

A diversified, closed-end management investment company that primarily invests in mortgage-related assets. The fund borrows through the use of reverse repurchase agreements.

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Member Avatar sgorman568 (85.42) Submitted: 9/29/2009 1:33:14 PM : Underperform Start Price: $8.65 SLA Score: +14.83

This stock will under perform on an appreciation basis but adding the high yield of a closed end fund will come close to matching s&p performance over the next 5 years.

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Member Avatar camelotportfolio (< 20) Submitted: 3/5/2009 10:09:33 AM : Outperform Start Price: $5.75 SLA Score: -27.08

Opportunities Income

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Member Avatar MeirRatsky (< 20) Submitted: 12/5/2007 2:56:55 PM : Underperform Start Price: $7.39 SLA Score: -34.21

While this is one of my core income investments, and it has done better than my minimum expectations, it will NEVER beat or even meet the long-term S&P 500 returns. On the other hand, it is, despite its "high income/high risk" label, going to be around and relatively stable for a long time, based on its management's track record. So although it can be volatile in unsettled interest rate environments like current situation, it won't suffer big drops either.

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