Post by
mouserman on Oct 13, 2023 4:22pm
DFN UNIT NAV to Oct 13 == approx: $14.18
My spreadsheet has DFN losing about 10 cents off the unit nav, and could have been worse if they didnt up their cash positon to 20%.
Discount to NAV for the commons here is 25 cents .... another distribution now missed , and markets do not appear very healthy for a return to paying distributions for DFN..
Comment by
AnEducator on Oct 13, 2023 4:55pm
MM, there were a few holdings trading ex-dividend in the last couple weeks: TD, BNS and AGF. Including these, my estimate is closer to $14.215. The 20% cash position definitely helped the NAV.
Comment by
mouserman on Oct 13, 2023 7:00pm
Oh i didnt get to that , but did change up the weightings.... Sounds about right then.