Friday, November 04, 2022 12:29:28 PM
for those who miss dividend/yield...
I will share a symbol I hold/trade as opposed to a "savings account"...
Invesco has a Senior Notes fund V V R
It trades like a stock and pays a monthly dividend/distribution...
Currently trading at around a 10% discount to its Net Asset Value of $4.21
When the Fed nears the end of its tightening cycle..it should, IMO, move back up a bit...
as long as interest rates keep climbing...it may stay at these low levels...but
you get something back each month...
Hope this helps...
I will share a symbol I hold/trade as opposed to a "savings account"...
Invesco has a Senior Notes fund V V R
It trades like a stock and pays a monthly dividend/distribution...
Currently trading at around a 10% discount to its Net Asset Value of $4.21
When the Fed nears the end of its tightening cycle..it should, IMO, move back up a bit...
as long as interest rates keep climbing...it may stay at these low levels...but
you get something back each month...
Hope this helps...
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