RE:RE:RE:RE:RE:Markets bouncing back Sorry, I didn't mean to insult anyone, just trying to understand how these funds can have such rich payouts. I guess I wanted to believe that DFN was managed by someone different than DF. I found the ATM program that yoiu referred to and am a bit stunned that this is actually legal. It sure does smell like a Ponzi scheme. Here's a quote right from their prospectus outlining the shares issued over the past 12 months. (page 8, March 28. 2024). The chart following the editorial shows exactly what you are saying.
"During the 12-month period preceding the date of this Prospectus Supplement, the Company issued an aggregate of 8,171,800 Preferred Shares and 8,372,400 Class A Shares under the Company’s at-the-market distribution program pursuant to a prospectus supplement dated August 8, 2022 to the Shelf Prospectus (the “August 2022 ATM”), at an average issue price of $9.5071 per Preferred Share and $6.6490 per Class A