Premium down to 1% !!!!!!As of 12:20 EST, I got the NAV flat... so $16.92. Current price = $6.99. That puts the premium at 7 cents, or a paltry 1.01%!!!
For this high of a distribution, and this level of safety... I have not seen a premium this low!
Am I correct? MM / Educator.. any thoughts?
Maybe everyone is waiting for the Fed this week. I think it will be more of the same from them.. meaning not saying much. Hikes still possible, supply-demand more balanced. Another pause and stay the course.