Mine, at Fidelity was invested at 12.8525. I sold 90% of my shares last week because I can't see how the current dividend can be maintained. With 59% of the portfolio curently invested in AAA's paying only 5% and with the market price premium to NAV over 10% which further reduces the base of coverage I'm scared of a reduction in dividend which would really tank the shares. I'm not a sophisticated bond investor, so I would like anyone with expertise to explain why a big capital gains is imminent in this market environment, which the share price seems to be forcasting.
Wow...they must have paid you and bought immediately at the open on Friday...odd. My account shows the dividend but has not reinvested yet. They always reinvest the following trading day for me. I like the drip because it is automatic and averages over the long haul with NO FEES. Adds about 1% more to each monthly pay check. g
I've got TD Ameritrade, and they haven't re-inv mine yet, so I suppose it'll be at least $13.38. Just too lazy to get it done, I guess. Course, if the price was going down instead of up, it would be a benefit.