Post by
mouserman on Feb 26, 2022 9:02am
DFN unit NAV to Feb 25= approx: $ 18.26
SO DFN spreadsheet shows a loss of 24 cents since the midmonth update, and now for the first time in a while is trading at a premium. After distributions the commons would carry a value of about $8.11... and last trade is at $ 8.42
Not that it is outrageous that DFN has a premium, as for most of those years that DFN was paying to commons consistently, they commanded premiums of up to 30%.
Perhaps we are getting back to the norm, in a world where everything happening is anything BUT normal.
Comment by
Sugaree on Feb 26, 2022 10:13am
May I ask how you calculate that? Do you have a spreadsheet with the total shares of each stock in the fund, and then plug in share price? BTW, thanks for providing the info. If one day you move on, it would be nice to know how you go about figuring out.
Comment by
slst on Feb 27, 2022 12:50pm
With a little luck, lets hope they reinvested some of the large cash position they still had at the end of last month.
Comment by
EdPaquette on Feb 27, 2022 1:15pm
Yeah a little suspense about when and when they deploy cash. Not just here but ffn and BK maybe more.
Comment by
EdPaquette on Feb 27, 2022 1:16pm
Yeah a little suspense about when and when they deploy cash.@ Not just here but ffn and BK maybe more.
Comment by
mouserman on Mar 01, 2022 9:27am
At JAn 31 DFN had 9% in cash, and i doubt they used much, or that it would make a significant difference in the NAV. The average amongst the split funds in Quadravest would probably be right around 9% given the number of offerings just lately. At last report both DF (15%) and FFN (24%) were sitting on large amounts of cash, and BK likely as well.