RE:RE:RE:NAV Calculation happens on 15th of month or next open dayThe DFN Board determines div payments and the prospectus provides no definition of time. As MM has pointed out they are under no obligation to use the NAV calculated on the 15th as I'm sure we will see later today. There would have been no advantage to delay the announcement if the 15th was the required number.
"The amount of dividends in any particular month will be determined by the Board of Directors of the Company on the advice of Quadravest, having regard to the investment objectives of the Company, the net income and net realized capital gains of the Company during the month and in the year to date, the net income and net realized capital gains of the Company anticipated in the balance of the year, the Net Asset Value per Unit and dividends paid in previous monthly periods."