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They give their reasons in the news releaseHere is the linkhttp://biz.yahoo.com/prnews/040823/nym145_1.htmlhm
thanks.. good info..wonder how manyother funds will follow.
The stock took this news in stride. Basically no negative reaction. Was this expected? In the face of div. cuts can we expect other CEFs to perform in like fashion? I don't own any HIX. Kel
OOPS........Just checked, I see the news broke at today's close. Possible reaction Tues.Sorry, Kel