C cubical Nov 24, 2008 #1 It is a closed end fund which invests in preferred securities. They lost a lot last quarter, but the stock has a book value of 22 according to yahoo(is yahoo valid for research?). How accurate is this? It is currently yielding 20%. Thanks guys.
It is a closed end fund which invests in preferred securities. They lost a lot last quarter, but the stock has a book value of 22 according to yahoo(is yahoo valid for research?). How accurate is this? It is currently yielding 20%. Thanks guys.
