SBC UNIT NAV to JAn 27 = approx: $21.00I did up a quick spreadsheet with the new weightings, and it appears the UNIT lost only 23 cents since the last update. Seems despite the high valuation of the UNIT NAV it lost less actual pennies than most of the other split funds out there. Very little exposure to lifecos, perhaps the biggest reason for that.
Commons trading at 11.16 is at a slight premium to NAV , which would be around 10.96 at this point. Very small tho.... less than 2% premium.
Altho the yield is lower (10.75%) than many of the others, none of those splits i follow have as much safety over the 15$ threshhold.