Hey that sounds just like what I had, I was up almost 30% from when I bought it.. and was getting 16% on my money... I thought I was the smartest guy in the world.. Then they cut the dividend in half, and so the share price followed in a split second, I was then down 30% from my principle and cut to 8% dividend..
I'm not saying it will happen again, just because its happened twice so far and the value of the fund is less than 25% of its starting NAV... maybe they have figured out how to print money from air, I don't know... Bernie Madoff looked like a genius to his blind sheep too... And in the long run, he too lost all the principle..
AIMHO...
diversity is the way to succeed, hope you have only what you can lose in this one...
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