Friday and today been kina rough on MIN.
getting worse--may reach may 6 levels soon
now down 10% from $7 level
Min went EX Div today, that accounts for some of todays fall. Hopefully it will level off her.
Also, I have noted the CEF's that are paying a part of the dividends from ROC seem to be dropping the fastest.
Baby is goin out with the bath water. I thought that because MIN has almost ZERO tresuries, it wouldn't be hurt much. $7seems to be the point to lighten up with news on the horizon.It's below NAV now. A bit of panic selling.
And it is not only MIN. It appears that many CEF's that hold bonds are getting hit.
Especially the Muni's.