RE:RE:RE:RE:NAV @ 10:55 amAs a follow up to this however. DFN has lost approx $1.72 in NAV YTD, but $1.15 of that was distributions. With the banks down 10-15% this year and the likes of Telus and ENB doing poorly, I feel like this is a pretty solid performance. Less than 60 cents was non dividend equity loss or about 4% of NAV. Most of the chaos was the premium disappearing. Maybe the downside protection on preferred's is better than I thought