I've been a long time holder of KHI many div cuts along the way some raises though, also a reverse split a few years back and mgmt. fee is twice PTY. It looks like PTY has not had the div cuts as much as KHI has. We just got another div cut from .06/month to .056/month. There is a possibility that KHI could convert to an open end fund in which case I assume the stock will rise to the NAV price which is about 9.85 I am holding till then may switch to PTY though after that. Any thoughts on the two stocks?
well I see there is a plan to do that. I would think this could be good. Since NAV is 9.84 right now, the shraes would rise to 9.84?? Anyone know?