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PM - HIE: Narrowing Discount Still Opportunity Here
June, 28 2021 12:57 PM
Philip Morris International Inc
At the Income Lab, we recently added more to our HIE position. HIE remains attractively valued with a discount heading into the final few years of its term structure where it is set to liquidate in 2024. The fund has also been being picked up by activists; Saba and RiverNorth - they now have a combined 20%+ control of the fund. For further details see:
HIE: Narrowing Discount, Still Opportunity Here
Stock Information
Company Name:
Philip Morris International Inc
Stock Symbol:
PM
Market:
NYSE
Website:
pmi.com
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