Dividend 15 Split Corp T.DFN

Laughable DFN IN GREEN TODAY..

[mouserman]

Not sure who is buying this... but they must NOT have any idea that buying junk at a premium is not the way to make money. Realtime UNIT NAV now @ $15.03... apparently they buyers believe this will bounce back >> OR THAT QUADRAVEST WILL USE TODAYS NAV FOR PAYING TO COMMONS. (which might happen) as long its finishes above 15$...lol

[saddlerack]

Who's to say what makes people buy and sell?  Natural gas is up 5% today and the NG stocks that I follow are all down.  The whole thing is a bit of a joke.

[Levent14]

Those are not junk Mr.Mouserman, no offence. Fed policymakers see just one rate cut this year, 4 cuts in 2025. Bank of Montreal Bank of Nova Scotia BCE Inc. CI Financial Corp. CIBC Enbridge Inc. Manulife Financial National Bank of Canada Royal Bank Sun Life Financial TELUS Corporation Thomson Reuters Corporation Toronto-Dominion Bank TransAlta Corporation TC

[mouserman]

Today start would put DFN under the threshhold for paying, so while the holdings are not junk, this over valued  split fund makes the junk list for me.

[flamingogold]

This is a leveraged split fund where the managers write covered calls to generate outsized returns. Despite multiple record market days, DFN is hanging on by a thread. And, it hasn't helped the NAV when the managers have paid the distribution during some months when it should not have. Just tread lightly here, the undercurrent can be strong. Imagine where this would be if we had a general