Yesterday sold part of Evergreen Income Advantage Fund (EAD) and closed position in
Helios Total Return Fund (HTR). Both funds are well above net assets value (NAV). Both funds are not depression proof: EAD holds mostly corporate junk bonds, when HTR holds mostly mortgage backed securities.
There is something strange going on the market last couple of weeks. All fixed income is going up. Looks like some funds are doing a lot of buying for reasons unknown. Well, when everybody buys, I'm selling and vice versa.
Maybe I will buy HTR back if it goes well below NAV. Not sure about EAD.
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