RE:MousermanThe reason for DFN being down early in the day, while others are up is the very high premium.
Some i am sure are shortselling speculating that with the volatility and more downside to come, that DFN should trade at a much lower valuation.
However today, DFN has gained about 30 cents on the close @ sept 30 , so My guess is that the UNIT NAV now is around 15.85 or so after distributions are paid.
Doodlebug wrote: With a good day in the markets on Monday , l sure hope its not a one off. .Could you please explain how the NAV of DFN works and how considering the underlying securities , the price is down and not up. Somewhat bewildering.