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Non-Tech : CEF Closed End Fund Investing -- Ignore unavailable to you. Want to Upgrade?

To: CusterInvestor who wrote (21)5/18/2012 2:45:57 PM
From: Kapusta Kid  Respond to of 57
CEF Connect (which is acting a bit squirrelly as I write) shows NO ROC in GGN's distributions over the last 2 years. But given that the fund uses options (i.e., sells calls on its positions), it wouldn't necessarily be a bad thing if there were ROC. I own some for the dividend. NAV and market price are both declining and I'm looking to possibly add more, but the premium is a bit steep right now: ~10.6%.