LBS unit nav in realtime @ approx; $16.10So guessing at a bigger cash position here, i have the UNIT NAV with a gain of 22 cents since the update yesterday.
Almost the same UNIT NAV as FTN at this point in time. BUT LBS trading at a bit more of a premium. The top 4 holdings in LBS are lifecos and they have been on a real strong move up, with Q reports due this week. Perhaps the reason they are valued a bit higher, on top of paying out about 12 cents less in distributions each quarter, after the increase in preferreds rate takes effect in December.