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Message Boards Settings Nuveen Senior Income Fund (NSL) - Quote Info
Distribution cut      4-Mar-09 11:04 am    
Nuveen cut the distribution in the last two days from .04 to .0335. I have understood the previous cuts which go back about a year. This one is hard to understand unless the managers expect the default rate on senior loans to skyrocket. The fund's debt coverage has stabilized, it is not paying out more than it earns. Maybe there is an expert out there who can explain this one to me.


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  Subject Author Rating Time of Post (ET)  
 
Distribution cut
robert_s_63... Not rated 4-Mar-09 11:04 am  
 
Answer my own question. Probably due to LIBOR.
robert_s_63... Rate it 4-Mar-09 11:12 am  
 
looks like dividend up to 0.37 in december for wha...
ludmika2001 (1 Rating) 5-Nov-09 12:11 pm  
 
Dividend *last* month was .035. .037 is *u...
mirandaact Rate it 12-Nov-09 11:00 am  
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Nuveen Senior Income Fund (NSL)

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At 9:50AM ET: 6.59 Up 0.05 (0.76%)
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