PME nav jumps over .15 on OCT 9 to 3.4822Nice move up in nearly EVERY holding in the fund. PME last trade at 3.16 means a .32 discount to NAV, almost exactly a 10% discount to NAV
MMP.un at this point a better deal as far as discount to NAV goes, as it also trades at a 32 discount to NAV, but with a lower NAV of 2.693 , and last trade at 2.37 it works out to nearly 12% discount.
The yield is nearly .7 % lower than PME, but neither are attractive yields at these levels.
PME yield is 5.7 % and MMP.un works out to 5.06%