the stock is down and its discount is now over 8% with a monthly distribution of 0.131 or 6.4% annually while 5-year CDs pay 1.35% and money market funds pay 0.42% annually.
The announcement of next quarter's dividend schedule is due out this week. Is there something we don't know?
I don't know. Notice today, the NAV goes up, and the market price goes down enlarging the discount a bit more.
It doesn't make a lot of sense, does it? I added some more this morning at a bargain price.
Sentiment: Strong Buy