RE:NAV March 31The UNIT NAV will have decreased by 6.45 cents on ex-dividend date to account for the preferreds, which always get paid. Yield on those now is approaching 8.25%,annually, buying at todays price. I do believe we may see another consolidation on FFN, as the number of commons is again over 1.3 million higher that the preferreds. Especially if the US banking sector gets another scare like SVB , Credit Suisse etc... Probably will have to happen in advance of the redemption date.