Quadravest updates BK unit nav @ $21.36 after distributions.So the spreadsheet was withing a penny or two, but not sure the NAV has been updates with the cash from the offering. BK will have gained about 11 cents in UNT NAV since JAn 31, and maybe a bit more..commons i would guess have a value of about $11.55
Last trade @ $13.61 means the premium is likely about $2.06 or so...works out to 17.8% , very decent valuation. FTN is lower @ only 11.3 % or so. Both are good values considering the safety. And FTN a slightly higher yield @ 15.62 %.. as BK yield is targetted at 15%.