RE:The value of LFE should remain at 16.60LFE actually receives the credit for those dividends on ex divvy date. Receiving dividends from their holdings increases the NAV , does not cause a discount. I normally add the amount of the dividend to each holding and that makes it a proper accounting to line up with Quadravest midmonth report. AT the end of the month we have to deduct the distributions LFE is paying out, which adds up to nearly 17 cents.