I've invested in this closed end floating rate fund on and off over the last few years. Volitility like we just saw continues to baffle me. The fund went from trading at a 2.5% premium to NAV to -2.89%. The selloff on 11/14 occured as it went x div, but that only accounts for 7.6 cents. Any thoughts on what drives the volitility in this fund ? 8% in the last week!
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