What I believe is happening to CSP is they are trying to drive the Net Asset Value up by lowering the distributions. and they are hoping that the market value will follow. Comments please.
I checked cefconnect.com and they showed NAV at 8.33 on 9/30/2011 up from 8.31 on 9/29/2011 ,and a discount of 17.41%. The rise shows some improvement. Pay date is 10/19/2011. It will be interesting to see the NAV after that.