stock itself is down 2..47%. This should put the discount from NAV over 7 %. Apparently, a current annual yield of 6.5% with this discount isn't enough to hold investors.
nibbled a few hundred shares today 6.5 just about as good as hy yld. don't think I can live on 2.88 percent
2 year CD's are paying 1.15%,.. I CAN'T live on that, either!
Looking at buying utg,..again!
Am HOLDING my "Floating Rate" Bond (Senior Loan) CEF's , too!
If, UTG dips to $23.80 ish,..I'm "in"