stephenson
Thinks s/he gets paid by the post
- Joined
- Jul 3, 2009
- Messages
- 1,614
So, working some basic math on SPST, as an example, the NAV fluctuated around $30 most of the last year, prior to the C19. Popped to around 30.70 and has been relatively stable since then.
About 2.2% increase in NAV, then add the SEC 30 day yield (which is a mandatory reporting calculation for a year at the last 30 day interest and dividends rate - ie annualized), and the total is around 2.3% ...
Is this rough estimate process generally correct?
If, so, even CDs look better, way better, right?
About 2.2% increase in NAV, then add the SEC 30 day yield (which is a mandatory reporting calculation for a year at the last 30 day interest and dividends rate - ie annualized), and the total is around 2.3% ...
Is this rough estimate process generally correct?
If, so, even CDs look better, way better, right?