Dividend 15 Split Corp T.DFN

Q about DFN NAV

[Satman3]

Love this portal and this stock that yields 15%+.
Question for audience as i'm newly invested in this stock and need to double check on NAV.  I am trying to set my stop losses as safety measure in case of a major crash as a recovery stop.   I do see on website of the following NAV details: https://www.quadravest.com/dfn-fund-features:

April 30, 2021    
   
NAV Pre-Distribution:    $17.16
   
Distribution:    $0.1458
   
NAV Net of Distribution:    $17.02
   
NAV + Total Distributions Paid to Date:    $49.64

Under which NAV does the stock price have to exceed in order to obtain the dividend on Apr 30 (example).  Does this mean the Class A and Preferred both have to be meet or exceed $17.16 on Apr 30 in order to be granted the dividend as an investor?  

-What happend if it falls below and ends at $17.00 on Apr 30 as an example?  
-Where can we get the exact Nav or DFN?


look fwd to the help.  I'm just trying to see how I can avoid in October 2020 or March/Apr 2020 when DFN did not pay out its dividend and much rather stop loss at 5% down where i can re-evaluate.  Appreciate the help.

[Satman3]

Actually,  Here is the clue.  It means one will have to to monitor both DFN and DFN.PR.A combined to ensure it never goes below $15 on ex-dividend/record date.  Saw in documents about the following for DFN: "No regular monthly dividends will be paid on the Class A Shares in any month as long as any dividends on the Preferred Shares are then in arrears or so long as the Net

[EdPaquette]

As a closed end fund, the nav does not equal selling price.  It can be at a discount or premium.