MPV at all? It has a very strong long-term record with significantly less NAV volatility compared to most HY bond funds - NAV lost 3.5% in 2008 compared to category NAV loss of 41% (also did not rebound nearly as dramatically in 2009). From
discount and slightly larger distribution. Both IPO'd at roughly the same time. It is interesting to note that DFP has a NAV in excess of the IPO price even after all distributions. That is not the case for FPF. But, FPF is about three times the size
2014-12-29/u-s-bond-sentiment-is-worst-since-disastrous-09-as-fed-shifts 3 All Asset class A at NAV was 14.92% in 2012. 4 http://www.hussmanfunds.com/wmc/wmc150302.htm , “Advisory bullishness (Investors
* Net asset value (" nav ") up £69.2m to £887.3m, supported by new acquisitions (increase in nav per share of 2.3% to 109.3 pence)
not meeting the challenge. in the same YoY period, RQI has returned 25% on a price basis, and considerably more based on NAV . I'm less concerned about probable interest rate changes than in the underlying economic conditions which cause them, such
upcoming ruling that money market funds will have to have a floating NAV (rather than a stable $1 value) starting in Oct 2016. See ..... then the funds can maintain a stable value (and not float the NAV ). As a result, Fidelity is planning to change its biggest
Fair Value of Common Shares (distinct from NAV here) D = Liabilities (debt or otherwise ..... underlying holdings: RA = TII / A = TII / ( NAV + D) TII = Total Investment Income A = Total Assets NAV = Book Net Asset Value Assuming net investment
yesterday). A lot of funds did not follow the market up it appears, and it seems like a good entry point in some funds depending on belief in future NAV performance. Yesterday I picked up UTG, BCX and KYN. Did any of you guys trade on the FOMC?
BWG Market price down .20 cents the last two trading days, yet the NAV for XBWGX is up .21 cents. Perhaps this is a buying opportunity. Disclosure - I own some BWG and added to my position today. I like to trade CEF's when I see what I feel are good relative values.
are the ETF JNK [ER 0.40%; yield 5.6%] and CEF HYI [ER 0.87%; discount 12.4% ; yield 8.34%, 7.31% on NAV ; unleveraged]. Credit allocation BTZ [yield 7.4%; discount 13.4%] is also recommended. It is argued that the effective