RE:RE:Return of CapitalI'm still holding some shares, mostly due to a lack of alternatives.
Book value at Dec.31, 2016 was $6.92. Subtract $1.33 for the last special distribution and that leaves $5.59. Then subtract approx $0.20 for the last four monthly distributions, and we're at a book value of approx $5.39. There can, of course, be other deductions from fees, writing down mortgages etc, some mortgage interest received. Q1 earnings should be out very soon and hopefully include an updated book value.
Remember that holding shares gets riskier as time goes on, since the fund holds fewer and fewer mortgages. At Dec.31st they held 12 mortgages and presumably fewer today. It's possible that they could eventually sell the last few mortgages at a slight discount to complete the wind up. That would arguably be in shareholders best interest, but could result in slightly less capital returned.
On sedar.com you can look at the March 30th MD&A, pages 9-10, for details about the mortgage portfolio.