Post by
mouserman on May 31, 2023 10:53am
Selloff continues , DFN now at approx; %50 premium
after distributions are paid DFN around 50% premium on its common shares.. Have NEVER seen this before on a split fund common below the level for getting distributions. Strange times.....
Comment by
flamingogold on May 31, 2023 3:32pm
I wouldn't call this a selloff just yet. The VIX is extraordinarily low, under 18 at the moment which means almost every investor is predicting this debt deal to be a done deal and DFN near the top with tightly held shares. If the deal falls through tonight I would expect the VIX to start climbing and some positions here might start unwinding.