Adjustments to the NAV will lag the pps, but generally NAV and pps both trend in the same direction. It's not that meaningful as a buy signal. More important to a potential long term holder of ACG would be to look at total return, over different periods of years,
Boy youre an idiot! NAV is subject to change n a daily basis. NAV is now $8.25 and keeps sinking. In addition, the leverage can crush the NAV quickly if bets go wrong or the bond market sells off like it has been. STUPID PEOPLE LIKE YOU SHOULD JUST BUY CDs.