to .065 cents per month which caused it to drop from near $8 to near $6.50. At about the same time the BOD announced that they were going to buy back stock in ACG, GSF, SI and one other CEF in an effort to increase shareholder value. As you probably know, these funds are managed by Alliance Capital(AC), and in my opinion they could care less about CEF shareholders. They take a fat management fee based on the NAV of these funds and that is where their concern starts and stops. They provide no customer service and have nobody that is informed to talk with. Remember these CEF's trade like stocks so their sales people can't earn commissions on them like they do on their open end funds. I'll say it again, Alliance Capital just takes and takes from these funds and gives nothing back in return to the shareholdere, not even feedback on the progression of the buyback.
Try talking to them sometime and see if you can find one intelligent being. The telephone number is 800 221 5672. Good luck.