Many income issues are sprinting to points higher that are a bit ridiculous.
The best example we see at this moment is the Invesco 2023 Term Trust (IHIT) which is crossing right now at $10.45.
As an investor you have to look at booking profits in here–you get a years worth of dividends in 1 month–this is pretty unusual for an issue like this one. There are very high odds you will be able to buy it back in a month at much lower levels (around $10).
It is not like us to want to “trade” much but we can look at this as a opportunistic harvesting of unexpected gains.