Talk of The Villages Florida - View Single Post - What would you invest in?
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Old 02-21-2022, 04:47 PM
Hifred Hifred is offline
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I would invest a portion in PSLDX Pimco Stocks Plus Long Duration Fund Institutional Class. We bought to generate income because it has a 28.84% distribution rate and the dividend income rate is good. It pays dividends quarterly and after it pays dividends people tend to sell it and the price drops but it always comes back up. Morning Star Rating as of 1/31/2022 is 5 stars overall. It has a high return and has high risk. The expense ratio is low .61%. The goal of this fund is to provide both income and capital appreciation by investing in multiple asset classes, including stocks, bonds, and cash. These portfolios are dominated by domestic holdings and have equity exposures of over 85%. These funds typically allocate at least 10% to equities of foreign companies and do not exclusively allocate between cash and equities. We bought it through Schwab. Not sold through some brokerages because it was institutional sales only but you can get it through Schwab.