split sharesI,m getting out on monday morning. the way i see this is the preferreds and fees will eat up all the value over time, the option strategy does not work in a falling market sure you get the premium but you lose the vaule of the underlying holdings reducing the value of the portfoilo (NAV) the only way i see this type of investment able to pay a dividend is to sell shares or keep doing new share offerings i was a fool to be sucked in by the big dividend payout and the connection to the us banks. just my view