RE:It will go back up. Graph says so.How is this a great bargain? The NAV of the capital shares was $4.52 as of December 15, so in what world does $6.00 represent good value? That's a whopping 32.7% premium to its true value! And if the NAV of the capital shares don't recover to at least $5.00, there will be no no returns on this investment.
The one positive aspect to this fund's structure is the leverage that it provides. Basically $14.52 is invested whereas you only pay $6.00 for the exposure. However, just as this leverage works in your favour in rising markets, it tragically works against you when markets decline.
I would caution everyone to invest analytically and objectively before plunging into a very, very dangerous and ill-advised position. Any one can tell you that a 17% dividend is unsustainable.