RE:DGS unit nav to Feb 01 = approx: $15.12 after distributionsmouserman wrote: So after paying dist. to common shares in FEB , the UNIT NAV should come in around $15.12 , very close to the bubble for paying. FFN in about the same boat as far as UNIT NAV goes after distributions, altho i believe is a few pennies higher . It does not trade higher tho, in fact nearly a dollar lower with a higher yield. BUT tis only financials stocks, so perhaps the diversity in DGS will fare better. Hasnt worked that way with LCS however ( pure financials) , which also trades lower than DGS commons but has a UNIT NAV that is $15.73 after paying to commons AND preferreds. Actually trades at a discount, and is very rare to see that with a split fund common NAV that high.
DGS commons NAV will be lower when Brompton reports to thursday 's close , as they prorate the preferreds , which will have to be paid in March.
OOPS LCS UNIT NAV is actually at $16.04 so commons have a value of $6.04 before distributions ( 23 cent s) and that leaves the value at $5.81 , not the 5.73 i had in this previous post.