I understand the relationship and don't expect AWF to maintain the same ROI that we saw in 2013 or 2012 or 2011. However, its seems AWF has been oversold when compared to other bond funds which have dropped a much lower percentage. While I am aware about the adverse affect that rates have on bonds the extent of the drop in AWF has been excessive even after factoring in a increase in rates. IMO
Three years running that we have had a special dividend. I am surprised that Yahoo doesn't include this amount is the annual yield for the stock would would have been 1.6% higher in 2012 and .8% higher (roughly) for 2013. It seems the annual dividend should be closer to 8.8% vs. just the 8% being reported. Don't understand why anyone would have been selling going into this announcement. AWF has been a great stocks for years, even through the internet and housing bubbles.