Ann: NBI announces increase in distribution rate, page-5

I am about break even at this price and considering getting some more based on this announcement and the last bit

"Equity Trustees Limited will continue to work with the Manager to consider other strategies that
may mitigate the discount between the Fund’s ASX unit price and its NTA per unit. "

With NTA at 1.62 and SP 1.38 it is trading around 15% discount so there is potential for 15% growth as well as regular dividends and possibly more when interest rates come off

The increases in interest rates recently seem to have had little effect on NTA which has been relatively stable for the last three months probably as they are rolling over investments into higher rate bonds and buying back at a discount to NTA so I see so low risk of further NTA declines unless there is a wave of defaults
Further to this the return of capital is effectively giving me back 1.62 for each 1.38 I invest at current prices which is a good deal.

With the manager considering other actions they are committed to closing the gap to NTA and may do more if the gap remains

Happy to hear contrary opinions before I stick my hand in my pocket