[Adding to Position in Blackrock Sr Hi Inc Fd (ARK)]
Dear Member:
I have held a position in Blackrock Senior High Income Fd (ARK) for some time now. It has dipped to a support and is in the process of bouncing. At the current price, it is paying 12 monthly dividends that provide a return of 10.87%. I like the return from dividends and am also looking for possible price appreciation.
I am placing an order to buy shares at a limit of $5.18.
DISCLOSURE: At the time of publication, I own shares of ARK.
Sincerely,
Bill Kraft
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