FFN unit NAV to July 9 = approx. $ 16.40SO the spreadsheet showed about a 14 cent loss in UNIT NAV since June 30th... and shortsellers have had their way with this stock so far...
BUT the valuation at this point is still ok.... the premium now up to about... 13.7%
I must confess i sold some FFN today that i had picked up yesterday. Was too heavy into one stock for my liking.
Put those proceeds into DFN... seems prudent here to keep some in a more diversified split fund common.. Premium to NAV for DFN @ 11.2% says it is actually a better value.
But FFN of course has the much higher yield, so seems a wash to me....