RE:RE:NAV July 24Circumstances have changed drastically over the last year. DFN no longer has the downside cushion it once enjoyed, making future dividend payments questionable. As a result, the premium is now a much larger risk factor.
I understood the allure of DFN when the NAV was much higher. But why does it still persist despite the elevated risk?
DF, with its discount, has far better risk/reward metrics.
Larry50 wrote: Perhaps receiving no dividends for the last 14 months might be one logical reason as opposed to receiving dividends on DFN consecutively for the last 33 months.