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.

TSX:DF - Post by User

DIVIDEND 15 SPLIT CORP II > Confused by DF update from Quadravest

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Comment by mousermanon Jun 21, 2023 8:58am

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Post# 35506766

RE:RE:RE:Confused by DF update from Quadravest

So the midmonth update did NOT change the alphabetical order of the list of holdings for DF.
Amazingly it worked to within a penny of the reported NAV, however the revised list back to May 31 also was within a few pennies.

mouserman wrote: It is hilarious that the fund managers would be doing better in the past month, just having the weightings in alphabetical order... LOLOLOL.

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