RE:DS NAV pops back over 6$ to April 06WOW Quadravest posted and the NAV was actually 6.06, so my spreadsheet was low... not sure why. Perhaps the % of t some of he holdings has changed somewhat since feb 28th..
at any rate after today it should have increased another 5 cents or so.... i had 10 of the 15 holdings in the fund up today. SO lets guess at 6.11, and last trade on ATS was at 5.59.....
Big discount to NAV continuing to be given to DS. Not sure why... but buyers are getting a good deal at these rates. They are getting 10% , with no worries of being below a threshhold for paying for any given amount of time.
AND as the markets return to normal , that 10% being paid now, can turn into 15 % being paid later . If DS gets back to 8 $ for commons the payout would be .80 annually .
My average is under 5$ so at that point ( commons at 8$) the yield would be 16%.... not so bad.