SBC continues to trade at a discount. I think its likely that the low yield , under 10% at this point is a detriment to SBC's being attractive.
So many other split funds out there paying higher yields with also a lot of safety above the threshhold being built in to the price.
And right now ,folks seem more attracted to some of those not paying , but getting close, which garners capital gains , and a very high yield once it begins to pay again.
For those who are satisfied with a 10% YIELD , or higher depending on your average buyin on this one , it certainly is not a hard one to hold.