This is by nature a volatile fund. It is highly leveraged. Yet management has been steady. In five years, it has sold for as little as $12 a share and as much as $20 per share. Yet it has never had a cut in dividend. This would suggest that it is a classic fund to buy on the dips like today if one is a divy hunter, unless one is truly faint of heart.
I bought--a little too early today at 12.37. Should have put in a lower limit order, but oh well.