This is a loan fund!! As interest rates go up, this fund should perform BETTER, not worse. JQC's NAV (JQCX) is a ramp up and is essentially at a 52-week high even as JQC is essentially at a 52-week low! Insane!
Hopefully, this is the LAST Div. cut that, JQC will see and with HIGHER interest rates coming, the Div's and share price should,..go higher, too!
Look at Weekly , 7 year Charts, to see what higher rates did,..and go to CEF.con (M) and "back test" the share price and Div's ,.. see for yourselves !
JRO and JFR did WORSE than JQC on the Div "cut" and their share prices dropped quite a bit !
I'm HOLDING and drawing Div's on,.. PFN and JQC and doing great with, ETV (a stock option CEF with a Ton of AAPL shares in it !).
Good Luck !