I doubt it means much but it's nice to see the decline reversed however briefly. I suspect it will resume on Monday. However, as I've said before, as long as those distributions continue in the same range and I'm reinvesting it all I just keep getting more and more shares per distribution. At some point I'll get anxious but we are not near that point yet. GLL
blairdhff, I'm a pretty unscientific investor but I have roughly 25% of my portfolio in bonds, 14 -15% in this fund and about 10% in PTTRX. I'm quite certain that next week when I meet with my financial planner he will give me hell and tell me to lighten the load of HY and move some of it elsewhere. I must say, however that the steady nice dividends this fund gives and the convenience of the Vanguard 407b ( it's a rollover account) plus my own laziness or inertia has kept me in this for quite some time. I bought these shares in two lots, one at $4.12 in Dec 08 and then some more at about $4.90 or so in June 09 so at an average cost of $4.50 or $4.60 plus all the dividends I'm doing pretty well. What's your story?