Investment Q&A

Q: May I have your opinion on GAMCO Natural Resources, Gold & Income, for income? It's a covered call fund yielding 12% dividend. The holdings include 45% metals and mining, 20% energy, and the rest in health, industrials, agriculture. It seems to be 55% held by insiders. How secure is it for income, in your opinion? Thank you.

Q: Hello strictly as an'income source could you give-me your opinion,payout divi.
Tank You
Dan

Q: I would like to know how this fund pays such a large dividend in relation to the yields of its holdings. Secondly, how likely is it to maintain the distribution, especially in respect of the energy holdings. Thanks

Q: Could I please have your opinion of this fund. I am a retired income investor looking for diversification away from Canada. The only knock I can see in it is 30% of the holdings are financials, mainly US banks, which I do not own but like most Canadians I am overweight Canadian financials.

Q: If DFN moves over $5.00 per share in April will they reinstate the dividend for May ?

Q: DFN, the high-dividend split share fund that people sometimes ask about, has missed its first dividend since its inception in 2004. It even paid the monthly dividend throughout 2008-09. I see the share price is up this morning. I don't think people realize they will not receive the dividend and that it could be many months or even years before the dividend returns.

Q: What are your thoughts on EIT? It seems, at the moment, to be trading well below NAV. When I read the list of top 25 holdings, it mostly looks reasonable to me. But I'm not sure I understand their press release:
"[EIT] announces today that it has determined to suspend the Premium Distribution(TM) component and Distribution Reinvestment component of its Premium Distribution(TM), Distribution Reinvestment and Optional Cash Purchase Plan (the "DRIP") ".
I get that they've cancelled the DRIP but what is the Premium Distribution? What is the forward dividend at this time?

Q: RA and INF were integrated March 9th.
Yet I deal with 3 banks and none are showing the integration. Looking for the new market cap and new discount to NAV.
The yield shows 17.6 %, dividend shows $ 2.39 but this is RA only as before the merge.
Again looking to see what would be the yield with INF merged.

Many thanks,

Q: Big drop today when rest of market is rebounding. Are you able to speculate on why the selling is happening at such low values ?

Q: What are your thoughts on this fund now that a lot of the bleak scenarios you referenced in past questions are now upon us? Also, how does Quadravest rate in your opinion of fund managers? Thank-you.

Q: Can you please give me some guidance on MFR.UN. I hold it for income but after the recent collapse in value I am wondering if I should still continue to hold. What would you replace it with?
Thank you

Q: Two questions:
1. Your thoughts on Fairfax India Holdings (FIH.U:CA) latest earnings results, please.
2. I don't understand if they are in CAD or USD. Would I buy them in my Canadian or US Margin account? Thank you.

Q: What is the typical life expectancy of a private fund such as RA ?
Has Brookfield ever terminated one, if so how does this happen, what are the mechanics in play for the investor ?
From their website Brookfield owns +30% of the fund , is this not a good reason to buy RA ?
Thanks

Q: Greetings 5i,

FFN has been on a nice run lately. Ive been enjoying the dividend but what accounts for the increase in share price lately?

Cheers!

Q: Can You advise me what is going to happen to OSC.UN Is it closing out, will I receive Cash?
Thanks
Cec

Q: Do you think this is a good investment other than it has a great dividend...i hold a small amount of this and am thinking of adding more...could i have your thoughts on this....thanks...Gene

Q: Your comments on JOF as a buy for Asian diversification would be appreciated. Your feelings on its size, MER & potential short & long term would be a great help.
Thanks
Dave

Q: Good morning
Hold FIH.U, with 20% lost
its 1.5% of an open account, but 0.4% on a diversified total PF.
don't need cash.
Your thought, hold, sell or buy more ?
Thanks Best Regards.
Greetings

Q: INF is merging into RA. This adds 195 M in assets to RA’s 841 M. RA then will be over the 1B in assets. I have RA , but not sure if I should add now or after the merge. I have it for dividends and a bit of growth. I know the MER is high at 2.23% but because the yield is high at 10+ I don’t mind . Although with the merge not sure of the outcome. Your comments please ?

Q: Hi Team, I have a small weighting in MFR.UN. Capitol loss of 12% over 5 years or so. The yield is high so is there value in holding on for medium term or longer. A few concerns. Manulife website figures. Management fee is stated to be 1.1% yet MER is 3.81%. weighting 147% U.S. , & negative (short presumably) 59% Cad. The holdings are short duration so I cant see capital losses unless they are trading losses. There should surely be some currency gain from the U.S.currency holdings. My premise is that both rates and currency average about todays, over the next 3-4 years. Do you see any hope of recovery in unit value? Are they eroding capital to keep up the payout. Is the payout at least safe? Is this fund performance worth the management fee? Thanks.