DIVIDEND 15 SPLIT CORP II T.DF.PR.A

Primary Symbol: T.DF Alternate Symbol(s): DVDDF

Dividend 15 Split Corp. II is an investment company, which invests in a portfolio of 15 dividend-yielding, Canadian companies. It offers two types of shares, a Class A and Preferred. The investment objectives with respect to the Class A shares are to provide holders of the Class A shares with regular monthly cash dividends. The net asset value per unit must be above the required $15 per unit threshold for monthly dividends to be declared; and on or about the termination date, to pay the holders of Class A shares at least the original issue price of those shares. The investment objectives with respect to the Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 on the $10 repayment amount per Preferred share to yield 5.75%, and to pay the holders of the Preferred shares the $10 repayment value of those shares. Quadravest Capital Management Inc. is the investment manager of the Fund.

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DIVIDEND 15 SPLIT CORP II > BIG shakeup in holdings weighted list.

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Comment by mkqtraderon Jan 06, 2024 7:15pm

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Post# 35814149

RE:BIG shakeup in holdings weighted list.

I went back on history with DF Fund Updates from Quadravest and found that Manulife is the top holding since August 2023 while in July it was on third position, after RY and SLF. The big move was in August with MLF at 6.1%, RY at 5.9% and finally TRP, SLF and BCE at 5.5%
One of the things that I noticed is that unfortunately Quadravest uses a heavy rounding on all percentages (at least two decimals would really help us with our forecasts...) leaving space for large gaps on the real value of cash on hand and the number of units for each holding

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