l believe you with WAM... it's ridiculously high.
first thing l thought when l looked at that dividend was "take 50% off..."
WAM would be under .5% of my portfolio. l am only buying very small amounts over a long period.
PGF should keep its dividend for another 6 months. I have budgeted a very small reduction in PIC. LSF should increase its dividend etc etc
l agree with you without even reading WAM is not sustainable unless it erodes capital. speaking more overall than just one LIC.
cheers
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