RE: Sp price27 Apr 2022 16:09
Seems to me, apart from the current market bearishness, PHNX has been upset since the Swiss Re offload.
The downtrend is continuing and I'm guessing 560 or so in the near term.
Better to miss the bottom and see an uptrend before adding.
You'd think with the dividend it would act as a kind of bond proxy. But no. Investors must be punished.