Post by
mouserman on Aug 09, 2023 4:22pm
DFN unit nav to AUg 09 = approx: $14.84
SO THE NEWLY UPDATED spreadsheet is showing a loss of about 14 cents since the update JULY 31..
Commons now would have a value of $4.84 , which means the premium has dropped to about $1.34 or about 27.6 %. Would be reasonable if the commons were at a level where they would be getting distributions.
Comment by
AnEducator on Aug 09, 2023 4:44pm
My number matches yours, MM. We still need a rally of over 1% to save those who are long, but the markets are showing signs of exhaustion so I would not count on it happening.