RNP closed at $6.30 Friday with an $.18 loss. This was xdividend day of $ .20 or a net gain of$ .02. ( A very positive sign!) The NAV ended up $ .43 to $10.74. The ratio of closing price/NAV reveals that the closing price is a whopping 44% discount to NAV. Our patience has paid off. It is time to buy.
about a hour after the market closes on yhoo finance just type in "xrnpx" for rnp and you will get the nav for the day. the previous poster is correct that the nav was UP 4.3% on friday. Closed End Funds are for sale at fire sale prices! Barrons says institutions are buying now while the individual is being pannicked out of them!....quite typical of the retail investor..sells at or near the low!! and wonders why they always lose $
I use ETF Connect. http://www.etfconnect.com Go here and plug in RNP into window. Will give you current estimated NAV, Return, Etc. I see no reason to sell RNP. Great management, returns and upside. Wish I had a few more bucks to buy at this level, but playing it safe and put spare money into Vanguard Bond Index fund (BND) which is selling at a 5% discount. No reason other than market panic for this bond fund to be selling at discount.