RE:RE:MMP.UN .... NAV posted as $1.8001 .... trading at $1.60 .... Time to up the Divy...
Agreed, that would be nice wateroperator.
It might be prudent to move the monthly payout up to $0.015 per month, that would take the yield to about 10% with current NAV per unit.
As mentioned a few posts ago, with the last posted units outstanding of 17,143,612 , the fund manager needs to generate about $171,436 per month at the present time to pay out the $0.01 diistribution.
To pay out $0.015 would require $257,154 in trading profits, and for $0.02 per month the fund manager would need to generate $342,872 in trading profits without digging into the underlying asset base.
The NAV of the portfolio holdings should be about $1.825 after today's market close, depending on the cash on hand.
GLTA