
rate was 0.135. This is not too surprising, since we know that junk bond spreads are being squeezed. But meanwhile, the NAV has been rising; the uptrend in junk ETFs (HYG, JNK) continues. Quite the divergence... anyone care to explain?
Distribution per share: $0.085 Distribution Rate based on the May 17, 2013 NAV of $18.01: 5.66% Distribution Rate based on the May 17, 2013 closing market price of 6.06% $16.82: Decrease from
has been near the top of the rankings for many reasons including beating EPS estimates by $0.10 or 26%, and increasing NAV by 1.4% from previous quarter. It recently raised its quarterly dividend to $0.36 which is more than covered by net investment
phone, only stock/fund names in the left-hand side of the screen show up. No numbers, such as day’s change, closing, NAV , or YTD change appear. I was wondering if this is only my problem or it has happened to other cell phone users. Thanks for
attempting to lock in the remarkable returns for equities to date? In the past I have used TIAA as such a vehicle, knowing that the NAV will remain stable plus will earn around 3%. Thus one seemingly avoids the possibility of losing the gains which have been
argue that CEF are an optimum way to invest in EM debt, because they are actively managed, many still trade at discounts to NAV , and most are only modestly leveraged, if at all. For some, the terms developing and emerging are not synonomous, and
MktPrc's [GAB +$0.31/GGT +$0.50] soared while the NAV 's were "neutral" [GAB +$0.12/GGT +$0.02]. The ..... This because both have their distributions tied to their growing NAV 's [reality] and not their MktPrc's [traders
The bear market in gold ( GLD , IAU ) has left three closed-end funds trading at abnormally large discounts to NAV , says Morningstar's Cara Esser: GTU , CEF , and PHYS . Likewise, a small selloff in municipal ( MUB ) paper has left these
our most recent presentation on CEFs. In the presentation, we have new data on relative volatility (CEF market price vs. NAV ) and volume trend data for the six major CEF groupings. SLide #16 and #19) John Cole Scott, EVP, Portfolio Manager Closed
investors which is similar to a mini-IPO. I don't own JQC. I sold it a while back when it started to trade at a premium over NAV . I feel that the shelf offering will keep the premium from rising much higher removing much of the upside. But if the sector