[Closing Position in Nuveen Senior Income (NSL)]
Dear Member:
After a great long run of price appreciation and dividends Nuveen Senior Income (NSL) fell below the 50 day moving average yesterday and has not been able to get back above it today. I am placing an order to sell to close my position at a limit of $8.82. If filled, the stock will have appreciated 10.3% and monthly dividends added about another 78 cents a share for a total before commission gain of around 20% in roughly a year.
DISCLOSURE: At the time of publication, I own shares of NSL.
Sincerely,
Bill Kraft
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