what decline? you can't defy the laws of convergence and divergence forever, the bubble of the PIMCO crew can not be maintained.
further decline to be continue until PTY is trading at a 5% to 10% decline that is a about a 30% decline still in the works.
you should realize that 99.7% of all CEF trade at a discount of near 7%, except the PIMCO funds who will succumb to the laws of finance eventually, probably at your expense, when you should be stacking the dividend instead of enrolling into the DRIP.
19 if lucky...more like the 17 - 18 range. Bonds are starting to bottom, QQQ lead and is languishing plus the headline the some of the top financials aren't going to be able to clear dividend increases past the Fed due to poor stress test performance....