UTG is selling at a big discount to NAV. At times UTG sells above NAV. This is an excellent time to start buying.
I would buy on dips and not sell until it sells at or over NAV. A rise in interates is priced in already and the economy is still to weak toi raise rates. So for me it's buy, buy, buy! another one to buy is GLU
5+% under NAV generally looks attractive, but it is a leveraged CEF, so it will move more than the underlying stocks do in response to changes in interest rates. I have not seen a comparison, but my impression is that it swings about 50% more than the movement in the underlying stocks.
I don't see any near term problems. It's selling about $2.00 a share under NAV. Medium term 6 mo to a year a possible rise in interest rates but I think it's already priced in. I bought some on a dip and will continue to buy on dips. I'm in stocks, etfs and cefs for the divys.. I'm retired and like the income. I'm in UTG, VNG, GLU, VOD,