some BDC's like BDCL which is a diversified portfolio of BDC's an ETN similar to an ETF. This can beef up a portfolio of sagging yields of MLP's it's distribution is a whopping 15% !!!!!!!!!!!
at the offering price..... Just unusual....
It may be that because the units are so high that $1.20 under the offering just appears to be more than it really is
Your concern for my investment is noted. You say sell when the price is below the $62.05 stated worth at the recent issue of shares. Not sure you understand how this works.
Interesting that doing the offering now gives us a bit lower price come reinvestment time. Also interesting that EPD is trading at weell above the secondary offering price. Strong price action despite what some idiot posters here are saying.
You have just gotten the ignore button. Suggest other do the same. Do you ever have anything to say? Any reasons? Today is actually a VERY strong day with EPD trading above the secondary offering price.