DIVIDEND 15 SPLIT CORP II T.DF

Alternate Symbol(s): DVDDF | T.DF.P.A

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

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Post by amugsgameon Mar 16, 2018 11:58am

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Post# 27727900

NAV Evaluation

Sent an email to Investor Relations this am asking for NAV. Looks like the NAV is independently evaluated by RBC as per the answer I received :
"NAVs are posted on the “Fund Features” pages twice a month under “VALUATIONS” once they are received from RBC (typically within two business days). Therefore the mid-month NAVS should be posted by end of day on March 19^th and no later than the morning of March 20th."

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