Oct. 31 at 1:06 AM
$HGLB, in a prior recent post, I indicated that HGLB resets the annual dividend based upon the average last 5 business day's NAV of October. Its actually based on December's data, the last 4 days of the calendar year. Viewing the running NAV on CEFconnect, the recent bump in NAV should continue to influence a higher dividend in 2026. The fund announced the continued dividend at .088/share for Oct/Nov/Dec. As always, their attempt to maintain a predictable, level distribution is no guarantee. In my experience, this has been a fund that i could estimate and expect a consistent dividend approach. I will monitor the NAV and I anticipate picking up additional shares.
