The last few weeks have seen enormous volatility across financial markets. The CEF space has been particularly hard hit due to the funds' use of leverage alongside sharply widening discounts. Increased volatility tends to go along with increased dispersion, which can open up both tactical and strategic opportunities for income investors. In this article, we take a look at certain pairs of funds that hold similar portfolios but can temporarily diverge from each other in price terms due to flows and other technicals. These divergences can provide investors with an additional source of alpha or