FTN unit nav to May 19 = approx: $ 17.20FTN still showing a gain of about 10 cents since the update on the 15th.... but some profittaking particularly inthe banks both sides of the border, knocked the gains back down a bit.
With the close @$8.78, the premium is about $1.58 before distributions, which arent small at around 19 cents monthly. Premium works out to 22% before dist.