As long-time members will know, one of the more useful services provided by CEF/ETF Income Laboratory is to warn when a closed-end fund [CEF] becomes overvalued on the basis of absolute and relative valuation metrics, allowing members to (1) lock in juicy profits arising from premium/discount valuation changes alone, (2) sidestep potentially major capital losses if, or when, the premium/discount valuation reverts, and (3) rotate into a more undervalued CEF in the same sector in order to "compound income on steroids." In many cases, funds appear to become overvalued for no rhyme or