it is 7%

NAC paying $.074 per month. They raised divident in June so Fidelity number is not correct.

Their management team actually explained this in the June earning call. The raise of dividend is a promotion to reduce the gap of stock price and the underline NAV. It is kind of complicated. Anyway, since you only plan to hold for 6 months, you may be able to get the best of the both world :)

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Thanks! I currently parked the money in Fidelity -aloevera- 給 aloevera 發送悄悄話 (95 bytes) () 09/20/2024 postreply 11:28:53

As mentioned above -三心三意- 給 三心三意 發送悄悄話 (311 bytes) () 09/20/2024 postreply 11:36:24

Thanks! The yield is great -aloevera- 給 aloevera 發送悄悄話 (74 bytes) () 09/20/2024 postreply 11:48:22

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