RE:RE:RE:RE:New nav calculationI hold both since both are likely to pay soon and for that reason alone are great for swing trading. Eventually, even at this price, if you had to wait, DFN will be a good hold.
We just never know when and why things do what they do. Markets don't always make sense. Right now we have total uncertaintly who the next President will be and markets, which typically hate uncertainty, are raging to all new highs. And, I didn't even mention how out of control CV19 is either.
mouserman wrote: flamingogold wrote: October for markets was the worst month since the end of July. November has bounced back but election result uncertainty needs to be resolved quickly to hold the gain.
mouserman wrote: EdPaquette wrote: 14.29
WOW i was 3 cents high.... need an update on the biggest holdings.....
DFN needs a lot of help to get to 15$ UNIT NAV before the 15th weekend.....
I am not here to bash DFN , as many here believe its the best thing since sliced bread... but there are better buys out there, but JMHO.
LBS since last thursday has gained over 61 cents , and the UNIT NAV now at 15.09...
Last trade was at 4.75.. again the Brompton discount. This month DFN will again pay preferreds , but for LBS it will be 2021 before they pay preferreds again.
Always amazing to me that traders in these split funds cannot do basic math.
DFN went up 11 cents today, and LBS only 3 cents... geez... which one has the best chance on paying a .10 divvy come December?
3 guesses and the first 2 dont count.