This article may help to explain what's going on. "Investors face quagmire of falling earnings, higher rates"
Of the 48 CEF's I track daily, the NAV of 7 were unchanged from last week, 7 were up and 34 went DOWN.
I started watching this CEF in May 2015. My interest was inspired by mentions on other boards. So on 5 29 I added this symbol to my ranking program with 47 other Corp & Muni CEF's. My program ranks issues by 4 metrics. Dividend, UNII, Potential Cap Gain and EPS:Div Ratio. The results are ranked as Strong Buy to Strong Sell. and each catagory is graded from1 to 10 1 being the best in that catagory. NHF entered my ranking as a grade 7 Strong Buy. Since that time I have taken a long position in the fund on 2 occasions in the interest of full disclosure. NHF has ranked from a G5 to a G9 Strong Buy ever since. Except now!
As of Friday 9/11, NHF has moved into the G1 Strong Buy slot (first overall) by virtue of an incredible jump in the funds EPS from .0062 to .3667 (from less than a penny to 37 cents per share) That's a 59 X multiple in earnings.