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BlackRock Taxable Municipal Bon Message Board

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  • bullbuster77 bullbuster77 Dec 31, 2012 4:57 PM Flag

    BBN Contigent Review Provision

    Congrats too all who held on to this CEF through the uncertainty, and especially to those who added to their positions. On 12/26, there was a news article from Forbes "Dividend Channel" on Yahoo. They predicted that BBN's stock price would drop by the div. amount, but they were wrong. The price actually rose that day and on subsequent days. Yet it is still trading 80 cents under NAV paying very close to 7%. If anyone knows of an investment that is safer and paying as much or more, I would like to hear about it. I added more during this weak period.

    Sentiment: Buy

23.69-0.26(-1.09%)Sep 23 4:02 PMEDT