Q: Could I get your comments about buying PDI.UN in an RRSP? The price has come down substantially (as might be expected), it is trading near its NAV, and it appears to have never missed a dividend. I recognize the high fees, but the 12% yield has caught my attention. What do you think of its holdings (in general and how risky), do you think the dividend is sustainable under current conditions, and would you see the price moving back up a bit if rates don't go much lower? If buyable, would you buy now or wait a bit longer on rates.
Thank you
Thank you