RE:DFN is DoneMoneyman70, I don't know what basis you have for your comment, we are talking about a fund that counts over $1.8B as a total value with over $220M in liquid cash...
I could understand your disappointment if you are one of those shorters who got caught by this fast turnaround and it is going to cost a full load of money just trying to fill the short position: other than that, I would not see other reasons.
Perhaps, the Board has an interest in keeping the dividend going as long as possible with the smallest number of blanks, many times this is one of the measures to evaluate a dividend paying stock.
Regarding the "ponzie scheme", as you call it, it is a common behaviour in stock trading, we all would like to buy low and sell high, don't you agree? And this fund does it, clear and sound. Whether investors like it or not to be on the opposite side is another matter and the solution is simple: do not invest in these split funds.