RE:RE:RE:DGS unit NAV to Oct 07 = approx: $14.87Not much chance of DGS making a distribution this month , as today the selling has resumed across the board. DFN is still trading at a crazy high premium as it approaches the region below 15$ UNIT NAV.
I suspect that DFN commons may even miss for OCTOBER if the negative tone for equities continues down. I note that Quadravest has been keeping a big % of cash in many of the split funds...DFN is at 18% as of Sept30, BK still @ 21% and FTN is at 23%.
flamingogold wrote: Ed, that would be the lows of this year and since indices are trading even lower than their June low, it's possible we overshoot the DGS low if we get a waterfall selloff. However, if you are easing in, it's a good entry point so reserve some cash for lower levels if it occurs. Good luck.
I am holding my DGS, still happy with the covid lows entry I got. I am looking at DFN now and waiting for it to ride over the edge.
EdPaquette wrote: My stink bid is ready at 4.49