NAV on July 4 is ~$14.93After applying the month-end data to the spreadsheet, the resulting NAV is 14.9298.
If we consider the holdings weight, as listed by Quadravest, we can notice that there have been two position swaps: the one between CM and NA makes you think that CM has increased the number of shares, which could justify a small increase of the NAV, while the other one shows SLF surpassing TRP, which should bring in a major NAV increase. All in all, these changes have brought in a value that has filled the void left by the dividend paid to the Preferred shares.
This said, I am still cautious on these evaluations since in the past I have seen inaccuracies in the published weight listings