Today we saw a portfolio setback as FTRPR begins to price itself for the new future cashflows (June 30 will see the first $2.78/share distribution since we began holding this asset). Fortunately the price change seems to be going fairly smoothly.
In other portfolio news, markets all fell nearly a percent today with the energy sector leading the plunge. RDSA, GPP, and SLB and all down more than a percent today and we had only five assets move up today. Expect some recovery tomorrow – and look for completed asset reconciliations by the end of the week.