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Any idea why?HIX has been paying 11.5 cents since 2001, and 13 cents before that.Any chance my dividend workhorse, HYF, will also lower theirs?
They give their reasons in the news releaseHere is the linkhttp://biz.yahoo.com/prnews/040823/nym145_1.htmlhm
thanks.. good info..wonder how manyother funds will follow.
The stock took this news in stride. Basically no negative reaction. Was this expected? In the face of div. cuts can we expect other CEFs to perform in like fashion? I don't own any HIX. Kel