DGS unit nav to Dec 05 = approx: $15.68So spreadsheet says DGS has lost about 13 cents off the UNIT NAV, and actually fared better than the financial ssplit funds today. Some of those lost 25 cents today alone.
At any rate the commons now are valued at $5.68 and no preferreds will have to be paid now for a few months. SO the premium is only 50 cents at the close or about 8.8 %. Best value in the split funds i follow as far as low premium and still paying to commons. FTN is next best at about 9.2 % premium , but has over 3$ of safety above the 15$ threshhold.
DFN the poorest value at a 27.5% premium and just over a dollar of safety.