Post by
mouserman on May 02, 2023 6:32pm
Quadravest update FFN UNT NAV @ $14.04 to April28
Was fairly close to what i had in the spreadsheet, after distributions to preferreds. Lost a lot today tho...
Some of the holdings were down over 6%....
Comment by
AnEducator on May 03, 2023 12:08am
Our calculations were off precisely because of the three holdings trading ex-dividend in the interim since the last update. I mentioned this on Friday and made the necessary adjustments on Monday. Given the large quarterly dividends paid by the Canadian banks, a meaninful impact on the NAV was not a surprise.