You might notice a "disjointed" quote for these today when comparing say Google Finance and Schwab... and or you look at your account and it's showing a big drop in these two - compared to the quote...
For example:
Schwab is showing a .30 drop in shares of JNK --- when the print is only a .07 drop.
Schwab is ADDING the dividend payout... so a .23 distribution gone "ex" today to the print price of down .07 - thus showing "down" .30
Not sure why they're doing it this way -- cause a trade price is a trade price so they shouldn't be arbitrarily showing something different. Oh well....
Both HYG and JNK went "ex" today. Oh how I love cash payments!
