Dividend Select 15 Corp DVVDF

Primary Symbol: T.DS

The Companys investment objectives are to provide holders of the Shares of the Company (Shareholders) with (i) monthly cash distributions, plus (ii) the opportunity for capital appreciation, through investment in the common shares of the Portfolio Companies. The Company has been created to provide investors with an opportunity to invest in a portfolio (the Portfolio) of 15 Canadian companies (the Portfolio Companies) whose shares offer investors an above-average dividend yield, and which have shown solid earnings growth and have a history of capital appreciation. The Portfolio Companies will be selected from among 20 companies (the Portfolio Universe) listed on the Toronto Stock Exchange (TSX) set out below: Bank of Montreal Royal Bank of Canada BCE Inc. Shoppers Drug Mart Corporation Canadian Imperial Bank of Sun Life Financial Inc. Commerce TELUS Corporation CI Financial Corp. The Bank of Nova Scotia Enbridge Inc.

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Dividend Select 15 Corp > Trading at a discount to NAV, yield over 10%

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Post by mousermanon Nov 17, 2018 8:17am

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Post# 28989033

Trading at a discount to NAV, yield over 10%

Latest stated NAV on the website is 7.36 , up .14 from the end of October.
This one of the safer funds from Quadravest but unfortunately gets little respect.
Seems divvy pigs are more willing to prop up the likes of FTN with a premium to NAV over 40%, but very little safety margin for the A shares.

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Cross border trading in Canada and Australia