RE:RE:RE:HSE giving some back today, but NAV up moreMaybe have a check at quadravest website, they update DS nav almost every day.
NAV was 7.30 before distributions , and 7.24 after , TO THE 17th of JAN.
Today i have the NAV up another .8% as outside of HSE, correcting after the big jump yesteday, and POW down a very little , the rest of the portfolio, ( their biggest holdings ) were up nicely for the most part. I am guessing they reduced the cash with the rebound in the markets.
So i have the NAV jumping from 7.24 to likely around 7.30 to the close JAN 18th.
Still trading at a discount for the all of the trades today. High was 7.25 , low was 7.09
YellowBrickRoad wrote: wolverine99 wrote: Here's hoping for that outcome, I agree this early year rally has people back on the greed side of the ledger, the small Divvy's just don't seem that attractive for those wanting to hit all home runs. The old adage: slow and steady!!!
The Quadravest funds that have a variable rate (10% of price) certainly do not have the drama and the sky high yield, but they are steady payers. The splits of BK and PDV and single units of DS and INC.UN are quite reliable.
- BK is the stronger of the variable splits, PDV dropped close to the wire but the NAV has made some strong gains
- INC.UN trades at a huge premium, typically around 50%, which in recent months offered a good opportunity for capital gains when it dipped to 25% as it is now back to 50%
- DS has been trading at a discount the last few months, prior to that it has always been at a premium, although small. With today's price reducing the discount to zero, it could be heading back to a premium
| DS Price, NAV & Discount/Premium Range since Oct 2017 |
| | Low | High | Range | Average |
| NAV | $6.86 | $8.32 | $1.46 | $7.78 |
| Price | $6.81 | $8.75 | $1.94 | $8.01 |
| Disc/Premium | -3.95% | 7.27% | 11.22% | 2.67% |
| Current | NAV | Price | Dis/Prem |
| | $7.17 | $7.17 | 0.00% |