Post by
mouserman on Jan 08, 2025 9:38am
LFE UNIT NAV to Jan 7 = approx: $16.47
We will know more about weightingss and cash position after the full update surfaces. LFe one of the very few split fund commons trading near its NAv at a very small discount.
Opened today at $6.49 which means it is trading right at its NAv.
Comment by
Stoiklaugh on Jan 08, 2025 11:04am
At least it has a good yield appeal... but that split threw a wrench in the NAV! Good thing my real cost is low! GLTA
Comment by
kurtwalter on Jan 09, 2025 3:01pm
As a dividend investor I am mainly concerned that the NAV does not get below $15. That seems unlikely at the moment. Nice to have share prices go up instead of down, but that does not influence the yield. With the increase of shares by 10% but the share price down by 10% we are back where we started but at least we get 10% more dividends, if I am correct.