PME continues to get lower valuation than MMP.unDesptie paying a higher yield, PME trades at a bigger discount to NAV than MMP.un for the most part. MMP.un on most days has bigger volume, but in $ amount traded the 2 funds are very close over the course of the year. As of today PME NAV is right at 3.65 with the last trade at 3.30.... over a 10% discount to NAV... MMP.un with the same list of stocks, altho less in cash and less in the top holding ARTG.... trades at less than 7.5% discount to NAV... last sale at 2.61 and NAV at 2.82