Looks like a nice 8 or 9 cent jump in NAVNO unit nav with this, as it is NOT a split fund.
You get paid based on the share price.
It seems to trade at a discount of about 10%, even tho the payout is based on a 10% yield. The distributions do fluctuate tho, but not very much. Has been between .055 a share monthly up to about .087 in distributions over the past 5 years since they changed the payout ratioin 2014.
So here at about .062 we are at the lower end of the average. Great moves in all the holdings today outside of BNS which is only down .15%.
Last update on Quadravest website had the NAV at 7.68 as of yesterday the 16th.
So will be up closer to 7.78 at the close today.