BK unit nav to Feb 5 = approx: $19.50Spreadsheet showing a loss of about 15 cents since Jan 31 update.
LAst trade @ $10.28 means the premium is 78 cents or about 8.2 %.
Safety is good, but capital losses will start to increase to the point where the distributions does not make up for losses. Perhaps we will see abounce in the banks later this week, and hopefully no more bad news on the commercial debt front.