Mar. 27 at 1:10 PM
$GOF The 15-year low for this fund is
$10.42, which is likely to be tested next week as there is no support on the chart until then, and lack of interest from buyers while interest rates continue to rise. I am in this for the long haul with a cost of basis below
$11.75 per share as of 3/31/2026 when this month's distribution is paid. Today/next week is a rare opportunity to buy shares without any premium attached. Maybe we don't see
$12 again this year, but given enough time, shares have always recovered from global financial shocks (Spring 2009, March 2020, October 2023, October 2025-March 2026). This time will be no different; shares will eventually recover to the
$12-13 range if not a little higher.
