What's it going to takeTime.
Time for the interest rate hikes to do their dire work.
If you have some way to go to cash for a while, now is the time to get there.
IMHO, this won't be a "V curve" turn around and things are going to get worse, before they get better.
The large world player govermnents are gearing up for WAR.
Our industrial bases around the world aren't geared up for all out war production levels and resources will be diverted accordingly.
This is a very difficult situation to call.
Present politicians and world monetary movers and shakers are mostly incompetent followers and if anything at all can go wrong, it will.
I'm at 50% cash right now and I'm speculating on how safe that cash is being held by a financial institution.
No, I'm not predicting a worst-case scenario here.
I am saying now is the time to be nimble and do your due diligence.
Mouserman has been surreptitiously giving you hints for the past few months and it's gone over many heads here.
"This fund presently holds a lot of cash in reserve."
That's a major warning signal.
If they felt this was a temporary situation, they would borrow cash to pay the distributions, but their NAV is already close to a precipitous edge.
BK is paying out distributions at an unsustainable rate and IMHO, most of it is RETURN OF CAPITAL. (This is a highlight, not a shout.)
Paying out ROC decreases the NAV and "increases" the premium being paid to NAV.
Just take a look at the history of the other funds and how they tanked their value.
GLTA the good folks here.