FTN unit nav to DEC 14 =approx; $18.00So my spreadsheet now has FTN losing about 86 cents since the nov 30th update. One of the worst 2 week stretches since the pandemic onset selloff.
With the last trade @ $9.35 the premium has now rocketted up to $1.35 since the common shares now have a value of 8 $. Puts the premium on those @ 16.8%, which is still a bargain compared to most other paying common shares out there. Maybe only DGS with a comparable premium% , but not nearly the safety.