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PDO: Why Retirees Should Consider This 12.8% Yielding Machine
Source: seekingalpha.com
Interest Rates & YieldsCredit & Bond MarketsCompany FundamentalsCapital Returns (Dividends / Buybacks)
PDO's price has fallen as higher yields and wider credit spreads prompted repricing. The article says the decline does not reflect damaged fundamentals; credit quality and distribution coverage remain solid.
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