Doing calcs. By hand ,in Mexico with no computerSo today discovered I missed Citibank when adding up the gains, so today the NAV gain is $1.01, putting the unit Nav @$18.37 before distributions. After distributions the FTN commons have a value of $8.15 and the premium now ridiculously low @84 cents OR about 10.3%
It is always a buy for me at these levels. AND it could be higher if Quadrvest managers had put some of that excess cash to work.