RE:DFN unit to JULY monthend = approx: $16.63I get a higher closing NAV than yours again, benchmarking from their 15th July update.
I see NAV gained 72 cents since then, commons at 6.68, and that makes it 10.4% premium predistribution.
I am not sure if we should be looking at post distribution NAV for premium purposes. Trading price (and hence the premium) drop already accounted for distribution on record date. Yes, their cash balance will drop.. but they are also accruing cash from those 15-20 companies in dividends received, and further from writing those covered calls - two sources of cash that we are largely ignoring by looking at premium post distribution. Anyway, I am new to this.. might not be getting it right.