Congrats too all who held on to this CEF through the uncertainty, and especially to those who added to their positions. On 12/26, there was a news article from Forbes "Dividend Channel" on Yahoo. They predicted that BBN's stock price would drop by the div. amount, but they were wrong. The price actually rose that day and on subsequent days. Yet it is still trading 80 cents under NAV paying very close to 7%. If anyone knows of an investment that is safer and paying as much or more, I would like to hear about it. I added more during this weak period.
I just added 1700 more shares of BBN at $1.00 per share UNDER NAV. Getting a yield of 6.56% on BBN's portfolio of 99.5% investment grade bonds, 95.3% of which are AA, AAA & A in order of their participation. Only 4.2% is in BBB bonds. If there is a safer better investment for yield, I don't know what it is. Excellent for IRA accounts. Good luck to all with your investing.