BK unit nav to sept 27 AFTER dist. = $18.53So as it is ex-dividend date , BK lost about 1.01 off the unit nav when including distributions to preferreds and commons.
Value of the commons then would be $$8.53...premium is much to high to be buying here in the current market environment ... @ 34.8 % after distributions. I am expecting a dead cat bounce in the financials some time soon... but future does not look positive until rates start to get some hints of cuts in the near future.