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Message Boards Settings Nuveen Senior Income Fund (NSL) - Quote Info
Re: Good news-stock repurchase     28-Aug-08 12:17 pm    
I really do not understand this stock. I have 1000 shares and have had it for years, basically looking on it as a safe way to park money in my IRA and get a good interest rate. It still pays a high rate, but the value is down about 25% over the past year. Why is that? Have they given loans to companies that are going bankrupt? I guess the stock repurchase is a judgment by the managers that they can make more buying the stock back, with its high interest rate, than they can by givng more senior loans to corporations.....
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nyenye2

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Just announced a stock buyback of 2.9M shares authorize...
flm60mk (1 Rating) 7-Aug-08 02:53 pm  
 
Re: Good news-stock repurchase
nyenye2
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Nuveen Senior Income Fund (NSL)

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On Nov 27: 6.27 Down 0.03 (0.48%)
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