NAV January 2~$15.21. The capital shares closed yesterday at about par value. We have a cushion of ~0.73% to maintain dividend status.
We have started the year simply shedding oversold conditions. Energy is sure to continue to be volatile, with conflicts in the middle east being offser with increasing production from the U.S. Virtually everyone has dismissed the idea of a recession, and that suggests we should all be somewhat cautious.