contrain....this one has some return of capital with your dividend. That might be included in the yahoo yield?. Also, I think it will move in a different direction from some of the other BAB's because they can use leverage and actually change their position from long to short anytime....good luck to you sir. This has been one of the few closed end funds that have been good to me.
I wonder what numbers Yahoo bases its determination of yields for a stock.
At a share price of 23.04, the yield for BBN at .1318 is 6.86%, not 7.9%.
You would think that Yahoo finance would have software that would reflect the actual yield.
Given that BBN's dividend has remained the same for years, the only thing that changes daily is
its share price.
Some other stocks have incorrect yields also. Morningstar confirms that the yield on BBN is 6.84%.
I still wonder why BBN can move in different directions on the same day as similar munis such as
BLE and XMPT, although those are tax protected from fed taxes and depending on your state, possibly
from some state taxes, whereas BBN is taxed.