Can an individual investor such as me keep up with the yearly financial progress of the company? By this I mean how much they have recieved in dividends year to date from their stocks and bonds. Also whether or not they are in good position to sell long term holdings. I am interested because this would help us see if they were on track to maintain the dividend in the current neighborhood or if they would raise or lower it.
There are a number of ways to keep up with FF's performance- capital gains- long and short, and dividends. -Barron's each quarter gives performance short and long term- 3 months, yearly, 3year, 5 year and 10 year period. If you use your public library, some give you access to Weisenberger's book on mutual funds and closed end funds. In this book, it gives both long and short term performance. I've owned this stock for a number of years- bought at 7.75 a share. I've you want to buy FF, do as a long term hold. -And try to buy at a discount to NAV. -At the present it sells at almost a 9% premium to NAV- pretty hefty. Good luck.
I agree that 9% is high. But isn't the premium offset by the div run-up this time of year. If I was to wait for the price to drop to a 5% premium or less, wouldn't I still be in good position with the benefits of the run-up?