Calling Stock Market Experts..

Discussion in 'Trading' started by Slim Harpo, Jun 13, 2005.

  1. What is this fund? Is this something I and you can buy? And what is that over 14% div? Is that the return yearly on the amount one has invested?

  2. its a closed end junk bond fund. you can buy it just like a stock.

    Pricing Info As Of: 06/10/2005
    Closing NAV: $15.11
    Closing Share Price: $14.49
    Premium/(Discount): -4.10%
    Current Market Yield: 10.10%


    The Fund's primary investment objective is to seek high current income. Capital appreciation is a secondary objective. The Fund will normally invest at least 80% of its net assets in debt securities that are, at the time of purchase, rated below investment grade or unrated but judged by the portfolio manager to be of comparable quality.
  3. That's what I wanted to know..what it was and if anyone could buy it...

    Thank You!