The Regions Morgan Keegan Select High Income Fund
gets what must be unwanted scrutiny from the Wall Street Journal
as part of an article
on the difficulty of valuing some asset-backed securities "When Buyers Snub Sellers." The article is Wednesday's Heard on the Street
column. The paper pulls a Regions SEC filing to look at the plummeting value of Terwin Mortgage Trust. The fund's holding in the MBS plunged to $5.9 million from $13.5 million in 2005. Meanwhile, the fund's NAV fell nearly 30 percent over the past month, according to Morningstar Inc.
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