Also entering a position on NCV. I can't pass up almost 12% with such a consistent history of constant dividend price and PPS stability. Well, during the 2009 crash it went down below 4.00/share, and was still paying .09/month, yielding 27% at that time...wow...bring it on...;-)
Be advised NCZ/NCV are closed-end funds selling at 10%+ premium to NAV and the portfolio is comprised of over 46% junk bonds. Not posting this as a criticism but it always boils down to risk vs reward. And in this scenario, the 12% yield is not without risk. On a positive note, they do pay distributions in cash monthly without return of capital.